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Market Analysis with Shawn Hackett

Improved weather helped producers get back to planting and some profit taking showed up in the virtual pits. For the week, the nearby wheat contract lost 19 cents and the July corn contract fell 19 cents. Poor demand and improved conditions returned to the soy complex. The July soybean contract subtracted 43 cents while July meal weakened $21.80…
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Grain markets don’t close for planting

This planting season has not been easy on many. April was wet across the Corn Belt, not allowing farmers to plant the crop as early as they preferred.Weather delays led to a May 12 planting progress report that was well behind last year, with corn 49% planted (54% average and 60% last year) and beans 35% planted (34% average and 45% last year).…
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