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Report fires up grain markets

Report fires up grain markets

USDA has riled the corn and bean markets to levels not seen since 2013, said Ami Heesch of CHS Hedging. The corn market soars on smaller than expected supplies, dryness in Argentina and demand.

We are in fresh five- to six-year highs in all grain markets following yesterday’s report, said Joe Vaclavik of Standard Grain.

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