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Spring Flooding Influencing The Markets
Corn futures rallied on Monday as strength in the wheat spilled over into the corn pit. Commercial buying was also noted and could be interpreted as exchange of futures on cash sales because of foreign demand. You need to be aware that flooding in the wi
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Argentinean Farmers Continue To Strike
The prolonged Argentinean farmer strike is more bullish to USA basis levels rather than futures. News out of India over the weekend of possibly reducing or eliminating import duties on soybean oil is fundamentally bullish. Bearish to soybeans is that th
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Today Is The Day!
Don't miss this opportunity to listen to two of the industries well-respected analysts Dr. Robert Wisner of Iowa State University and Mr. Joseph Victor of Allendale as they discuss issues leading up to the March 31 Plantings Report.
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Wheat Remains Explosive
As we mentioned in the corn segment, spring flooding in MO, AR, IL, IN and KY may have placed 5% of this year's wheat crop at risk. Those acres could switch to corn acres this spring if they can dry out in time. Monday, Turkey has launched a tender to bu
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Livestock News
Live Cattle: Though we took some of the demand concerns off the hot plate on Monday, the trade got renewed concerns from higher corn prices. While the talking heads on TV are talking about today's stock market rebound, we have corn concerns taking their p
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