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Bill Watts and Hillari Mason discuss the August grain rally; Lane Akre breaks down the balance-sheet implications of a smaller corn crop.
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Ground beef demand remains strong as cattle producers push back on Trump’s latest beef import plan that sent cattle prices sinking. Ranchers say consumers don’t have a beef price problem—they have a fuel price problem.
Grains pull back from contract highs in consolidative trade.
Hedge funds load up on long positions in corn and soybeans...
COT data shows big specs loading up on corn, soybean longs
This week’s trend of higher grains and lower cattle continued into the weekend.
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