Grains retreat amid pre-crop report profit-taking
date:Jul 11, 2012
encourage buyers to push values higher, with prices trading at or near record highs, said Chad Henderson, president of agricultural advisory and brokerage firm Prime Ag Consultants in Brookfield, Wis.
Investors are typically cautious about holding bets when going into U.S. Department of Agriculture reports known for causing big price swings.
The USDA is scheduled to release its monthly supply and demand and wheat production reports Wednesday at 8:30 a.m. EDT.
A reduction in both yield and inven
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