thank the lord and pass the ammunition post shutdown this will be one of the first main agriculture reports to come out. i favor a bearish sentiment but we've been flying blind for sometime due to lack of data coming out. weather and supply surpluses via Brazilian competitors also back the bearish thesis longer term. either way this is going to be a volatile but fun market to trade. it is linked to current trade conditions. if a deal isnt struck Brazilian competition will be favored due to currency/interest rate differential effects on DXY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.