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Hammersmith Weekly Feed Grain Report Wk# 05

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06 Feb 2017
Sources: 
Hammersmith

Soybeans and soymeal had an exciting week this week with both moving lower. Soybeans dropped by USD 8 to 10 m/t while soymeal was closer to USD 11 m/t lower. Market reports say that anticipation of wheat next week’s USDA WASDE report has to say caused the weakness. There were some private estimates of soybean production in Brazil and Argentina that suggested that production will not be dropping at all...............please click PDF to see more details

Type Report: 
Weekly


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