Market Support Continues

Graintab > Blog > Market Support Continues
22nd Dec

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Markets have continued to receive support today as the bullish atmosphere surrounding South American dryness continues to provide support to both soybeans and corn, and therefore also lift wheat higher.

With forecasts containing only minimal precipitation in the near future, the renewed support surrounding grains is continuing.

The weather market is in full force, with concerns for Argentina, Brazil and with key wheat regions such as Kansas in the US also dry, the end of year momentum has certainly once again turned bullish across commodities.
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