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Alan Brugler discusses the lower day in grains removing weather and war premium. If the Iran war is over will funds liquidate? Cattle digest the bearish Cattle on Feed, so are funds done liquidating?
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Joe Kooima, Kooima Kooima Varilek
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Mike Castle says corn and soybeans end higher Friday adding war premium and were up for the week. What does the market need to continue the rally? Cattle see an ugly selloff, will it continue?
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Scott says cattle crash on fund liquidation and fear of the COF report, plant strike. Grains pop adding war premium.
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Jon Scheve, Scheve Grain
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Mark Schultz, NorthStar Commodity says grains collapse as China Denies Ag Buys and follows lower Oil: Cattle balance Ft. Morgan plant lockout vs. better cash news.
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Darin talks about the pressure in grains as China fails to confirm the $17 billion of ag purchases, plus weather and lower crude oil weigh on the markets. He's also watching the bond market.
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Brian Grete says grain markets started higher but failed awaiting more China details and proof of business. Cattle bounced with the huge discount to record cash, while hogs failed again.
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Lane Akre, economist with Pro Farmer says grains are slightly higher on Tuesday. The market has factored in the China deal and now needs proof of sales to continue higher. Livestock are mixed to higher.
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