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Highlights, Markets & Rain Days Update 8/17/22

Highlights


Yesterday morning, the USDA announced the sale of 228,606 mts of new crop soybeans to Mexico.

The minutes of the Federal Reserve’s July meeting will be released today, so gloom and doom for the USA and world economy was the order of the day the past two days. Better weather forecasts for US and EU crops; grain in Ukraine continues to be loaded on vessels for export shipment led to a second day of sharp losses at the CBOT.

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