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Grain Blast 23rd October - Soybean Surge and Basis Shockwaves
Manage episode 515239474 series 3678420
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Today’s episode is a fast-paced Grain Blast covering the latest pricing moves and cash market structure: a surprising soybean rally, sharply firmer basis in the eastern Corn Belt, and farmers holding grain after a rapid harvest.
We discuss geopolitical impacts — Russian sanctions and Black Sea logistics — plus China trade talks and domestic flooding/drying issues that could tighten global supplies, keeping markets volatile in the months ahead.
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