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Decline of Coffee & Wheat, Gains of Cattle & Hogs

posted by Avatar commodityblog 704 days ago in Fundamental, Daily, Agriculture made popular 704 days ago

Coffee slipped today on forecasts about high output in Brazil. Wheat declined today as hot weather in the U.S. made fields dry enough for harvest. Hog and cattle futures gained today as prices for wholesale-meat rose with expectations of increased demand in the U.S. as summer grilling started.
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