Beans, palm trees and greenbacks: Deflationary clouds on feed market horizon before looming USDA report
Biofuels, rising US dollar poised to transmit crude oil deflation into the feed market. Currency changes make palm's recent rally less than it seems. Unless next week's USDA WASDE report swings a very big supply-side surprise, a new round of corn market deflation appears to be on the horizon.
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