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Dalian corn rallied a little more, all other world ags and macros were benign overnight other than USD near highs and Euro near lows. Its about the day session today, the index roll beginning this afternoon, and the crop report Tuesday.
Lower Day Across the Board with Minneapolis Wheat and Soybeans Leading the Way
Crude recovers, USD not breaking, Dalian corn rallying, a recovery somewhat in US wheats, Malaysian palmoil hovering near highs, Index rolls begin Friday, USDA crop report next Tuesday.
Fed Acknowledges That Inflation Will Extend Into Next Year, But the Correction Off Move Highs Continued for Corn and Wheat; Crude Oil’s Drop A Major Factor Today
Sideways/lower ags may be signalling the end of the latest round of fund buying in wheats and corn, we suggest ag futures are out ahead of cash to the upside.
Wheat and Corn Take a Breather From the Recent Rally, While Soybeans Eke Out a Settle Above Trendline Resistance
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