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Grain markets rally on global risks, but will local prices follow suit?
Chicago corn futures rose almost 9% as hot, dry US Midwest weather and at least 300,000 tonnes of Chinese soybean buying lifted grain markets.
Summary by Queensland Country Life
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9 Articles
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Agriland.ieWeather extremes across US and Europe putting pressure on grain prices
The return of extreme, hot weather to many parts of Europe and the US has put some upward pressure on grain prices over the last few days. According to the Agricultural and Horticultural Development Board (AHDB), grain markets have mixed but broadly supported over the past seven days. Sentiment was driven by United States Department of Agriculture (USDA) crop development data and persistent hot, dry weather in Europe. However, gains were capped …
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