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Despite daily volatility, cattle markets are still driven by strong demand and tight supplies. Rising fuel costs could pressure consumers, but slow herd expansion keeps the long-term outlook bullish through the decade.
Profit-taking was seen across the grain and soy complex overnight with each market hitting fresh highs before reversing lower
Historical data indicates agricultural cycles can accelerate quickly once these specific technical signals emerge, but the spike in input costs and record fund-buying requires a nimble marketing strategy
U.S. corn acres may be as much as 2 million lower, beans up to 2 million higher: Pro Farmer consultant