I must have missed the memo, but obviously, we are celebrating small grains week at the CME. The corn and the bean complex are under pressure after the extended weekend, but wheat and oats are enjoying renewed buying interest. We should keep in mind that both these latter markets have…
Commentary
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After three months of generally rising prices, bulls in the grain and soy markets really needed a booster shot of encouragement from the USDA to keep the enthusiasm going, but as we now know, that was not forthcoming. Sure, the USDA did make a reasonably sizable cut to the South…