Friday Channel Final Bell with Jeff Peterson with Heartland Farm Partners | 11/29/24
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The corn and soybean markets have shown mixed action today. Corn remains under moderate pressure due to seasonal trends and ongoing harvest progress, while soybeans have been fluctuating near previous lows, reflecting uncertainty in both the supply chain and export markets. Funds' Impact: Speculative funds continue to influence these markets. Managed money has shifted positions, with recent buying activity in corn, though soybean positioning remains cautious as traders assess South American weather and global demand prospects.
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