Grains – Jeff Kaprelian Grains fell back today on a more normal weather pattern and end of week risk reductions. Corn dropped 7’6 to 442’2, soybeans fell 12’6, and wheat lost 0’4 to 526’0. The fall in corn can also be attributed to traders recognizing the slow export pace recently….
Author: Jeff Kaprelian
Commitments of Traders Analysis
By: Jeff Kaprelian Corn It was a fairly uneventful week for the COT report. Commercials reduced interest on both sides of the market, but were heavier getting out of longs. They ended up as net sellers of 15,365 contracts. Funds covered 17,323 more shorts and got out of 1,963 longs,…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian After a few days of not talking about weather, we’re back at it. A wetter forecast rallied the grains today, with soybeans leading the charge. November beans gained 18’4 to 905’4 as producers struggle to find suitable ground. If the forecast holds true you can pretty…