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eSNAPSHOT Research Center
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Corn Chart In A Descending Triangle
Monday's corn futures trade reacted independently from falling crude oil prices. The big picture has a number of internationally recognized financial institutions broken or weakening, which did impact a number of the commodity futures market, most notabl
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Soybean Chart In Descending Triangle
In Monday's trade, soybean futures were not able to trade independently of the outside crude oil market. Much of the damage done to soybean futures came at the hands of an aggressive sell off in the soybean oil futures, which came under immediate pressur
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Russia Boasting Of Record Wheat Crop
Monday's wheat trade reacted mainly to oversold technical conditions by trading on a positive note, but in less than inspired conviction. Russia suggests it is likely to have a record 2008-grain crop and exports. Weekly inspections (these are not new sa
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Livestock Comments
Wholesale pork closed higher Monday. We have to keep in mind it is not out of reason for cash hog and pork prices to stabilize or maybe even rally temporarily going from mid September into October. The reason is National Pork Month, which occurs in Octo
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