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Soybeans Sink After Brazilian Election |Channel Final Bell with Austin Schroeder
Soybeans Sink After Brazilian Election |Channel Final Bell with Austin Schroeder
The implications of Brazil's presidential election results sent soybeans down hard as the Brazilian Real fell around 7% today.
Corn and wheat were also lower with spillover pressure from the soybeans, while traders continue to take premium out of wheat amidst continued Black Sea conflict.
Austin Schroeder with Brugler Marketing and Managment recaps today's trade.