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International Preview For the Week of July 27-31

     While all eyes will be on the Fed’s announcement later this week, keep your eye on Brazil, which releases its policy statement on the same day.  CPI increased from 6.5% in July of last year to 8.89% in its latest reading.  The central bank has raised rates 175 basis points since September in an attempt to stave off the increase.  However, they have had little impact thanks to a plummeting exchange rate.  This situation is a microcosm of the problems faced by Latin American commodity exporters, who have

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Chicago Agriculture Commodities Finished Down Friday

Chicago Agriculture Commodities Finished Down Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean futures all settled lower on technical selling and favorable US weather, according to analysts. The most active Corn contract for Dec delivery was down 11 cents, or 2.66%, to close at 4.0275 bu. Sept Wheat delivery lost […]

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