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CME: Negative Reaction to WASDE Report

2013-02-12 01:00:00| ThePigSite - Industry News

US - Though the estimates in USDA’s February World Agricultural Supply and Demand Estimates represented relatively small changes versus previous releases and did not differ dramatically from analysts’ pre-report estimates, sensitive grain markets reacted quite negatively on Friday — and some of the changes were actually bullish, write Steve Meyer and Len Steiner.

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