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Grains fade strong weekly exports and additional flash sales as wheat drags down the complex. Craig Turner of StoneX says end users have seen current prices as a value which has supported the markets and if you add in inflation grains could be carving out new trading ranges. However, he thinks some of the buying is tied to fear of increased tariffs or a trade war. Meanwhile, China threw more stimulus at the economy and indication to him that it is not working and could be a demand red flag. And will the funds go back short in the grains?
See omnystudio.com/listener for privacy information.
By Michelle RookGrains fade strong weekly exports and additional flash sales as wheat drags down the complex. Craig Turner of StoneX says end users have seen current prices as a value which has supported the markets and if you add in inflation grains could be carving out new trading ranges. However, he thinks some of the buying is tied to fear of increased tariffs or a trade war. Meanwhile, China threw more stimulus at the economy and indication to him that it is not working and could be a demand red flag. And will the funds go back short in the grains?
See omnystudio.com/listener for privacy information.

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