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Hammersmith Weekly Feed Grain and Protein Report Wk#47-48

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04 Dec 2017
Sources: 
Hammersmith

Well, the USA harvest seems to be all done and all the grain is in the bin. Now all we need to know is how much did we actually end up with. Was the USDA correct in its projections – do we just have a surplus or now a huge surplus? All questions for the market to argue over and for prices to react to. In most years we will have seen the low prices of the year and from here on in prices just move higher month by month to cover storage and finance costs. But then, there are always enough market factors that can be thrown in to keep things exciting until the next planting season in the US...........please click PDF to see more details

Type Report: 
Weekly


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