Mid week trade had more sales reported to china, signaling that price has not shut off the buyer yet. Corn up 5 1/4 to 396 1/2, and beans gain 12 1/4 to 1056 1/4. Meal up $7 as those spreads firm. Part of the feature to me is we aren't seeing big jumps in OI to get the gains. Rice wanting to trade a 1220-1260 range and rallies 19 1/2 to 1243. Wheat up 2 3/4 to 596 3/4. Bonds still trying to confirm we put out a low and up 6 tics, 175.12. Dow off 171 points, 28,414.
Comments are closed.
|
Archives
June 2023
|
Services |
Company |
|