Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat continues mostly lower with no domestic balance sheet changes. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.
Fireworks from the WASDE Comes in an Unexpected Place
Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat mostly lower. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.
September 13, 2022 02:54 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
Agronomists say uniform but thinner stands often outperform starting over with corn and soybeans.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
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