The morning grain trade is softer on follow-through selling from yesterday’s poor close.
Morning Grain Market Softens Post-WASDE as Inflation Concerns Rattle Commodities; Cattle Futures Face Index Fund Liquidation Amid Pricing Corrections
The morning grain trade is softer across the board, following yesterday’s lower close on a February WASDE crop report that did not show the minor cuts in carryout that were anticipated. February bears are in place for seasonal weakness, with even the CPI data out this morning showing inflation up ticking above estimates, causing the stock indexes/metals…
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