By: Dan Hueber – After the posting somewhat troubling price action and closes on Wednesday in the grain and soy markets, the bears were beginning to lick their chops, believing the opponent was tired enough that it may be time to pounce on them once again. In turn, yesterday they…
Commentary
Daily Comments
By: Dan Hueber – After the posting somewhat troubling price action and closes on Wednesday in the grain and soy markets, the bears were beginning to lick their chops, believing the opponent was tired enough that it may be time to pounce on them once again. In turn, yesterday they…
Afternoon Cattle Market Recap
By: Patrick McRae – Live cattle downside projections are now looking for a move equal to their prior contract lows. The projections that the previous consolidation show the following: 109 on June, this contract will lag due to cash market and narrowing basis. 102.500 for August live cattle, this is…
Free Commentary
By: Dan Hueber – Is the party over already? It seems that it really just got started. Both the corn and wheat markets posted reversals lower yesterday after gapping into higher highs for this advance, which would tend to be viewed as a classic sign of exhaustion. Even though nothing…
Daily Market Comments
By: Dan Hueber – Is the party over already? It seems that it really just got started. Both the corn and wheat markets posted reversals lower yesterday after gapping into higher highs for this advance, which would tend to be viewed as a classic sign of exhaustion. Even though nothing…