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Monday Channel Final Bell with Jeff Peterson with Heartland Farm Partners | 10/21/22
Manage episode 446344961 series 3037823
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The corn and soybean markets are currently signaling a mixed story, with export levels remaining a key focus, particularly as concerns grow around the low Mississippi River levels impacting grain shipments. Funds have had a noticeable effect on market volatility, influencing price movement, especially in soybeans. Exports for both corn and soybeans are progressing but face challenges from logistical issues. In South America, weather patterns and planting progress will be closely watched, with favorable conditions potentially altering global supply expectations. Technically, the corn market shows some weakness, while soybeans present a more stable outlook. This may be an ideal time to evaluate and potentially adjust marketing plans, particularly with technical factors and global weather conditions playing a significant role in upcoming price movement.
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