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Grain TV: Markets Recover on Brazilian Real Rebound

Ernst Undesser
By Grain TV May 19, 2017

Grain TV: Markets Recover on Brazilian Real Rebound

©Debra L Ferguson Stock Images

The Brazilian real stabilized overnight, helping grain markets recover. Soybeans particularly tried to push higher but were limited by a last minute return of selling. Weather delays continue to remain a concern in the forecast. Basis levels moved mostly higher as farmers were mostly occupied and not making many cash sales.

Ernst Undesser
By Grain TV May 19, 2017