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Barchart
Barchart
Darin Newsom

Did the Grains Sector Quiet Down Overnight?

  • With the needles noise created by USDA's monthly Supply and Demand update out of the way, the Grains sector was quiet again overnight through early Wednesday morning. 

  • Fundamentally, nothing about the corn market has changed with futures spreads growing more bullish since mid-August. 

  • The wheat sub-sector continues to be driven by noncommercial short-covering. 

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