By: Kelley Fornoff – A nice technical bounce had grains finishing higher after a rough last couple of days. Following yesterday’s low at 397’2, December corn has gained 12’2 cents off of that and closed 7’0 higher at 409’4 today. The next resistance for December corn is back at 420’0….
Commentary
Free Commentary
By: Dan Hueber – Once again yesterday, markets across a vast spectrum were stricken with TTT, Trade Tariff Terrors. Not unlike movie sequels that never seem to end, President Trump once again has stepped up the threat level and announced the U.S. would raise tariffs another 10% on $300 billion…
Daily Comments
By: Dan Hueber – Once again yesterday, markets across a vast spectrum were stricken with TTT, Trade Tariff Terrors. Not unlike movie sequels that never seem to end, President Trump once again has stepped up the threat level and announced the U.S. would raise tariffs another 10% on $300 billion…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished dramatically lower today after President Trump said there would be an additional 10% tariff on $300 billion worth of Chinese imports starting September 1st. Keep in mind we already have a 25% tariff on $250 billion worth of Chinese goods. We were already off…
Free Commentary
By: Dan Hueber – New month, new attitude toward the grain and soy markets? Too early to pose that as anything but a question but at least we find relatively stable markets after suffering through another WWF worthy smackdown yesterday. Granted, the bear predictions have become even more emboldened after…