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    BLIND BEARISH MARKETS ON THEIR TOES

    23 Oct 2025
    ...BEFORE POTENTIAL XI/TRUMP MEETING NEXT WEEK.

    In a very well supplied global market and with limited visibility due to the USDA shutdown, the key post-harvest factors remain farmer retention, uncertainty around the US/China deal and potential La Niña weather risks. A trade agreement would immediately support both the dollar and agricultural prices. If realized, let’s be ready for action by the end of next week or the following...

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