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Global Fuel Demand Boosts Grains | Channel Final Bell with Sam Hudson
Published 1 month, 1 week ago
Description
Demand for biofuel on a global scale supported soybean oil and the soybean complex in light of higher crude oil prices.
Wheat conditions fell once again, but world supply continues to be very large.
Cattle futures closed lower, with concerns that we may have seen the top of the market for now.
Sam Hudson with Cornbelt Marketing recaps today's trade.