Financial room pretty unstable Monday with the Dow out of the box strong but faded thru the day to 37,993, off 245 points. Bonds threw away the Friday rally and lost a point and 30 tics, 114.09. Wheat struggling at 551 3/4, off 4 1/4 and corn slips 4 as well, 431 1/2. Both products soft in the soy complex and beans drop 15 3/4 to 1158 1/2. Will be interesting if we test a psychological 1150 to see what action it draws. Rice trades limit up a buck 10 better and will have expanded limits on Tuesday.
0 Comments
Leave a Reply. |
Archives
May 2024
|
Services |
Company |
|