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Tuesday, July 07, 2015

‘Grimbo’ hits but grain market volatility driven by fundamentals

By Angus Brown  |  Source: USDA, CME, ASX

There is no one factor driving grain markets at the moment, with markets having to take in a wide variety of influences in coming up with a price for both international and local markets. All this with a World Agricultural Supply and Demand Estimates report due for release on Friday night, which will no doubt add to volatility.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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