|
Risk off Wednesday with good weather in SA helping those crops along, and nothing out there to feed the bull. Corn off 9 cents, 564. Wheat drops 10 1/2 to 781. I don't think the wheat story is over, but people are starting to budget their purchases around the globe. Rice off only 1/2 as the bear gets nothing for his selling pressure again, 1327 1/2. I wonder if the seller understands what $6 rice is. Beans off a dozen, 1244 1/4 as oil demand might be tempering without the EPA. Fed punted and the Dow rallied,, 36,035, plus 97, while the bonds slipped 10 tics, 160.15.
Comments are closed.
|
Archives
June 2023
|
RSS Feed