Weekly Grain Exports Hit-and-Miss
Market Update
Soybean futures slipped to a one-week low this morning, falling sharply overnight. This bearish move was caused primarily...
The Australian and New Zealand markets were steady this week with no changes reported. Market dynamics remain similar, increasing production on higher cattle slaughter and strong demand from the Asian and North American markets. The MLA estimated Australian national cattle slaughter at 107,850 head last week, up from the week prior and nearly 18,000 head over the year prior levels.
Trading out of the European market was rela...
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