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It was a mixed bag of trade on Wednesday as wheat and corn saw some support but largely traded wide ranges on the day. Soybeans were under pressure for much of the day. OPEC+ announced a two million barrel a day cut in production that sent crude higher while stocks and outside markets fell lower with the U.S. dollar moving higher again. Livestock trade was a bright spot with solid support seen there. Mike Zuzolo of Global Commodity Analytics joins us to discuss the trade. Learn more online at https://www.globalcommresearch.com.
By Jesse Allen5
55 ratings
It was a mixed bag of trade on Wednesday as wheat and corn saw some support but largely traded wide ranges on the day. Soybeans were under pressure for much of the day. OPEC+ announced a two million barrel a day cut in production that sent crude higher while stocks and outside markets fell lower with the U.S. dollar moving higher again. Livestock trade was a bright spot with solid support seen there. Mike Zuzolo of Global Commodity Analytics joins us to discuss the trade. Learn more online at https://www.globalcommresearch.com.

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