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U.S. grain traders eye Wall Street for direction

Started by staff, March 09, 2009, 01:00:37 AM

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staff

U.S. grain traders eye Wall Street for direction
      


Chicago Board of Trade grain markets will likely continue to track Wall Street stocks as a barometer of likely demand in 2009. The cratering Dow Jones Industrial Average as been the predominant factor for financial market confidence all winter.
    
So far this year the dollar has rallied, tight credit market indicators have loosened up a bit, [...]
         

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