By: Dan Hueber – While in the overall scheme of things, it has not really amounted to much, but it is still nice to see positive action across the grain/soy markets this morning. To borrow a phrase from the soft drink industry, it is like the pause that refreshes. While…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished mixed with follow through selling in corn and wheat and a bit of a recovery in soybeans. Beans settled 7’0 higher in November at 868’6 after Friday’s tremendous slide. Some of this can be attributed to intraday charts being short-term oversold. Some of it…
Commitments of Traders Analysis
By: Jeff Kaprelian – Corn This week’s report showcased an across the board reduction in open interest. Commercials shed 17,422 longs and 13,989 shorts to the net effect of selling 3,443 contracts. Funds reduced 33,744 longs and 44,486 shorts, to net buying of 10,742. Take that action as a “get…