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FX market participants bet big on a Bolsonaro victory, Lula’s surprise victory sank the Brazilian real and dragged soybeans down with it.
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NASS says incorrect acreage weights for irrigated and nonirrigated fields affected September corn yield estimates for Kansas, Nebraska and the U.S. The agency’s October forecast remains unchanged.
Elevators face rising interest, storage and freight costs as harvest accelerates. Here’s why that could widen cash basis and hit local bids.
Hillari Mason, Spencer Langford and Bill Watts break down USDA’s September mistake, explain why the soybean market is sinking after Brazil’s surprise election result and take a close look at the latest Cattle on Feed report.
Soybeans lead weakness overnight with corn following lower.