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A FeedNavigator article headline notes that feed industry buyers should take advantage of a bearish grains and oilseeds market, citing an EU grains and oilseed output reduction forecast, North Carolina storm damage of $1.1bn, slight cuts to US corn and soybean production, and oilseed support from trade deal optimism. The page text is mostly unrelated site navigation and promotional content.
Slight cuts to US and EU crop forecasts offset bearish sentiment, so the net price signal is mixed. Trade deal optimism gives some support to oilseeds.
feednavigator.comAug 31, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
