AgWeb Radio: Closing Commentary 9-1-11

September 1, 2011 08:57 AM
 

Nate Smith of the Gulke Group said the market was down big time today. Reasons are difficult to determine. Rumors that Russian wheat is coming to the US to be used as feed. A company announced it might not purchase some bio-tech corn until it is approved in some foreign countries. Some of the longs in the market are taking profit before the holiday Monday. Todays downs -- Corn 30, Beans 23 and wheat also down.

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