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In this episode we talk about the disappointing CPI report as US corn inflation hits a 40 year high. The Federal Reserve is now very likely to stay on track with aggressive interest rake hikes to fight inflation. The USDA's October WASDE was viewed as bullish for soybeans and canola and bearish for corn and wheat...versus expectations. Grains and oilseeds remain tight overall. Soybean yields were lower than expected. Corn and wheat ending stocks were higher than analyst estimates. Make sure you take a listen to this week's Turner's Take podcast!
If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610
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