By: Patrick McRae – Grain markets had a mixed day with wheat pressing to fresh week over week lows, corn markets stabilized with an almost even close on the day and soybeans had some strong bottom picking action as talks of tariff negotiations are being seen as optimistic. The full…
Commentary
Afternoon Market Recap
By: Patrick McRae – Grain markets finished lower as follow-through selling off of the disappointing reaction from the USDA report found many of the spec longs quick to exit. The COT report still shows a large number of longs in the grain markets and with the forecasts showing good planting…