Tuesday Channel Final Bell with Jim McCormick with AgMarket.Net | 10/15/24
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The NOPPA crush numbers came in strong, but corn inspections were disappointing, adding pressure to the grain market. A train derailment in Mexico created additional logistical concerns, while rains in South America are improving crop conditions there. Traders are now watching to see if the Midwest will get much-needed rainfall, with ongoing concerns about river levels impacting transport. Meanwhile, the cattle market saw a drop, further contributing to the cautious tone across agricultural markets this week.
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