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South central kansas |
Dollar index up over 1%, primarily due to ECB announcing it’s intention to reduce the size of their asset buying program.
A 3 month high, in the dollar index.
That put a lot of pressure on the grains, especially wheat.
“The U.S. dollar rallied into positive territory against its major rivals, most notably against the euro, after the European Central Bank announced it would reduce the size of its monthly asset purchases come January 2018, while extending the bond buying through at least September.“
Edited by zenfarm 10/26/2017 13:54
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