Late rains, shrewd Saudis & good-bye to 'feed wheat'
This week is seeing feed crop markets diverge, turning tighter for grains and looser for oilseeds. According to Martell Crop Projections, August's first weekend saw over one inch (2.5cm) of rain fall on 65% of US corn and soy fields. With the corn crop damaged beyond repair but soy still pollinating, wetter weather onl ...
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