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30 August 2016 – Analysis

New Year’s Eve for U.S. Corn and Soybeans

By Bob Kohlmeyer for Ag Perspectives

31 August is effectively New Year’s Eve for U.S. corn and soybeans as their 2016/17 crop year officially begins tomorrow. While it is doubtful that many involved in the U.S. grain and soy marketing chain will be engaging in celebrations today, the situation may not be as bleak as it might appear.Today (31 August) is effectively New Year’s Eve for U.S. corn and soybeans as their new 2016/17 crop year officially begins tomorrow. However, it is doubtful that many farmers and agribusinesses involved in the U.S. grain and soy marketing chain will be engaging in celebrations today. Certainly, farm equipment manufacturers and dealers, fertilizer producers and input retailers do not see much reason for celebration except to mark the end of a largel...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Biofuels, Farm Inputs, Energy, North America
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Jul 25 Corn closed at $4.445/bushel, up $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.4375/bushel, up $0.1725 from yesterday's close.  Jul 25 Soybeans closed at $10.6975/bushel, up $0.275 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $2.6 fro...

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Weighing in on strategic realignment

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