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EN
Farmers have marketing opportunities as grain market psychology takes over
['Allison Thompson Is A Market Analyst With The Money Farm Located In Ada', 'Minnesota. She Previously Has Worked As A Farm Business Management Instructor', "Is Active On Her Family'S Mahnomen", 'Minnesota', 'Grain Farm. She Recently Purchased The Money Farm', 'Has Turned Her Experiences In The Fields', 'Classroom Into A Career Where She Is Able To Help Producers Facing The Challenges Of Today S Markets.']
Agweek | Agriculture news in North Dakota Minnesota South Dakota Iowa
However, the futures market told a different story with corn, soybeans and wheat rallying higher after the report.
It suggests the grain complex has shifted from trading headlines to trading psychology — and producers should take note.
But wheat futures didn’t fall.
The common thread across corn, soybeans and wheat is that bearish news no longer carries the same impact it did earlier in the year.
And yet, all three markets — corn, soybeans, and wheat — rallied.
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