Good day for the bulls Friday with wheat the leader, 555 3/4, plus 17 3/4. Beans up 13 3/4 to 1042 3/4. Corn gets another 7 1/4 cents to the upside, 490 1/4. Kind of had to go back over these numbers as the corn and bean bounce has been pretty impressive. Rice recovers from Thursday selling push, 1350 1/2, up 26 on the day. Dow gains 602 points, 40,399 and bonds leak 22 tics, 113.06. Bear in the bonds couldn't get a new contract low early and the bond story seems like the elephants aren't done banging horns. Some think China is getting out of our treasuries with their overseas holdings in the Euro as well. Currency trade looks like that theory may be possible.
Comments are closed.
|
Archives
July 2025
|
Services |
Company |
|