The Week in Markets — We're Talking Currency and Oil!

by

Opinion

Wheat markets were up about four percent in the post-Canadian Thanksgiving rally as the grain markets all headed higher on quality and harvest progress concerns. That in mind, because of the delayed U.S. harvest, there could still be a lot of grain that doesn’t have a home on the farm and so will be sold off the combines into the cash market. What’s certain is that the crop will eventually get taken off, something that South American producers are a few months away from as they’re just starting to plant their fields with corn and soybeans. For the latter crop,…

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