AMS grain inspections help pressure the trade

The recent slide from the 8/30 highs now totals 47 1/4 cents. Off the 8/12 report day highs, prices have fallen 83 1/2 cents. The issues from last week, better confidence over new crop supply and weakening confidence over demand, continue. For today, the trade likely priced in some additional new crop export concern due to the Gulf.

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