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USDA’s Weekly Export Inspections data was within pre-report estimates, though corn and wheat inspections fell notably on the week, while soybean inspections rose slightly.
The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.
Corn and soybean futures are under pressure with wheat slightly higher to start the week. Cattle futures are weaker with hog futures firmer...
Global trade finance gap reached unprecedented $2.5 trillion last year