Build up for export sales and WASDE Thursday fizzled with nothing really exciting in exports and a slightly bearish bean stocks number. Beans lost 5 1/2 following weak bean oil lower, 1159 1/4. Corn off 5 1/2 as well, 428 3/4. Wheat testing some lower areas of support, 551 3/3, down 6 3/4, and the rice bear pushed us 28 lower, 1687. I don't know about you, but that day of trade felt much worse than the end numbers imply. Thats maybe a good sign moving forward. Dow needed a 250-point bounce to not look terrible, 38,732, off 25 and bonds slipped another 10 tics, 115,08.
0 Comments
Leave a Reply. |
Archives
May 2024
|
Services |
Company |
|