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Jim Wyckoff

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Grain market bulls back in business

August 25, 2020 by Jim Wyckoff

The grain futures markets are rallying early this week, amid less-than-ideals crop conditions heading into the U.S. row crop harvest. Also, reports also say China is quietly buying U.S. and other global food products to make up a huge shortfall caused by major flooding, and crop and infrastructure damage, along the Yangtze river. Some traders wonder if this situation could help to jumpstart price inflation in the raw commodity sector. Look for more upside price action in the grain futures markets in the near term. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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