Closing Comments September 06, 2024
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After the long weekend, wheat opened the overnight session mixed with Chicago wheat higher while Mpls and KC faded lower. By the time the night
After the long weekend, corn opened the overnight session lower and extended losses into the night. Early selling was tied to FAPRI estimates that put
After the long weekend, soybeans traded in a narrow range on either side of unchanged overnight. The market was able to climb higher in the
After the long weekend, canola opened lower at the start of the overnight session and then losses accelerated. The Nov. contract went limit down $45.00.
Cattle started the short week posting gains but faded those gains midweek which led to the cattle markets collapsing on Thursday. Early support came from
Last week’s wheat export sales pace was estimated at 12.5 MB. After 13 weeks, wheat sales were at 46% of USDA’s expectations vs. 41% last
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