iNVEZZ.com Wednesday, June 26th: China- and Fed-related concerns, which have recently been weighing on commodities, have not disappeared. With key grain stockpiles and plantings data from the U.S. yet to be published, market players have yet another reason to stay on the sidelines.
Grain markets are awaiting the U.S. Department of Agriculture’s (USDA) crop acreage update due on Friday, June 28 that will give an estimate of U.S. grains crop as of June 1 and plantings progress. In addition, sugar markets are awaiting the release of data by industry group Unica on the cane crush in Brazil's Centre South region where some 90 percent of the country's sugar output comes from.
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"Corn and Wheat Stable, Soybeans Down on Speculation of Record Harvest
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