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FUTURES FILE | News, Sports, Jobs - Minot Daily News

Walt Breitinger Opinions are solely those of the writers. Walt Breitinger is a commodity futures broker with Paragon Investments in Silver Lake King Corn pops to new highs Dry weather in Brazil, fears of drought in our corn belt, and extremely tight supply fueled the perfect storm to drive corn prices into the stratosphere again last week. On Thursday, China jumped into the fray by buying US ag goods under the phase II Agreement. This underscores China’s need for feedstocks while reports are circulating their corn supply is lower than advertised. Concerns regarding vegetable oil crops, including Canola crops in Canada, further support soybean prices as well.

Market watch: Only writ of middlemen runs

STAFF REPORTER GUWAHATI: Food insecurity is the order of the day in Assam. A section of unscrupulous middlemen robs farmers of remunerative prices of their produces, besides bleeding consumers dry. The price of every single grocery item has been hiked several times in the past one month. The prices of edible oil have been hiked by Rs 40-42 per litre that vary from brand to brand. Masur dal (red dal) is now sold at Rs 81 per kg against Rs 76 per kg earlier, mong dal at Rs 104 per kg against Rs 92 earlier. Broiler chicken is now sold at Rs 180 per kg now against Rs 130 earlier.

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