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Grain Blast - 3rd November: China’s Surprise Buys Send Soy & Wheat Reeling
Manage episode 517560495 series 3678420
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Hosts Ryan and Angie unpack a volatile market morning driven by rumored Chinese purchases, firm cash basis in U.S. soybeans, tightening supplies, and delayed Brazilian exports.
They also cover quiet wheat strength, corn and sorghum demand signals, and global disruptions from Russia-Ukraine and weather in Argentina.
With an important USDA report due soon, the panel highlights how shipments vs. purchases, planting delays, and logistics could reshape prices and demand into early next year.
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