Corn and soybean futures reacted negatively to USDA’s October crop reports, but soybeans led a late-week rebound amid a flurry of export sales to China and “unknown destinations.” Inflation remains a building topic, with U.S. consumer prices hitting a 13-year high and Chinese producer prices surging to record levels. Labor strikes in the U.S. are the latest threat to supply-chain shortages. We cover all this and much more in this week’s newsletter, which you can download here.
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