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On Monday, August 12, at noon EST, the US Department of Agriculture will release its August World Agricultural Supply and Demand Estimates report. Since the release of the July 11 report, the prices of all three of the leading grain futures market have declined. Nearby cattle and hog prices have moved to the downside, and the price of cotton tanked to the lowest level since 2016.
Over the past month, the dollar index has increased. The trade dispute between the US and China escalated into a trade and currency war. The two factors create a