Mixed, but higher ๐
Jul 19, 2023๐ Closing last week, grain prices were mixed but mostly higher. Corn futures saw solid inroads, as traders expressed some doubts that yield and production potential will be as high as the USDA had estimated. Wheat jumped from 2.5% to 3% higher, as the Black Sea shipping deal hasn't yet been extended. Soybeans failed to follow suit, although August futures only saw minimal losses.
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