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Ron Paul, the former U.S. representative from Texas and perhaps America’s most popular libertarian voice, has
long said that the nation’s monetary and fiscal policies would result in massive inflation.

Read more: Ron Paul: Stocks are in a bubble and will crash

Export sales last week of new-crop U.S. corn, soybeans and wheat topped expectations as lower prices and an improving Chinese economy likely attracted buyers.

Read more: USDA Reports Strong U.S. Corn, Soy, Wheat Exports

The bull market in cattle, while vulnerable to some short-term turbulence, is poised to continue "for the next few year", Societe Generale said, sticking with a price forecast higher than investors are factoring in.

Read more: Bull market in cattle 'to last for years'

Wheat futures fell to a four-year low on mounting concern that increasing global inventories will outpace demand. Soybeans and corn declined on prospects for higher yields in the U.S., the world’s biggest grower.

Read more: Wheat Declines to Four-Year Low on Ample Global SupplyWheat Declines to Four-Year Low on Ample Global Supply

Oil futures saw mixed trade but were little changed Wednesday as traders brushed off a new round of sanctions against Russia, while the U.S. benchmark held gains after data showed the U.S. economy grew at much faster-than-expected pace in the second quarter.

Read more: Oil edges higher as traders brush off Russia sanctions

Treasuries fell and commodities rallied after data showed faster-than-expected economic growth. U.S. stocks pared gains, led by losses in consumer shares.

Read more: Treasuries Drop, Metals Rise After GDP; Stocks Pare Gains

Soybeans fell in Chicago, erasing an earlier gain, on speculation that dryness forecast for parts of the U.S. Midwest won’t be severe enough to erode yields.

Read more: Soybeans Erase Gain on Speculation U.S. Dryness Won’t Be Severe

Rise of S&P 500 Has Led Strategists to Change Course; Some Say Declines Are Due.

Read more: Forecasters Eat Stocks’ Dust


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