World Perspectives
feed-grains

AM Outlook - Congestive, Constructive, Bearish, Friendly

GOOD MORNING, Prices opened fairly close to home with wheat again the firm trade out, and all else mixed to slightly lower.  During the PM session, prices firmed around the board led by soyoil.   Egypt is in for wheat, and we will see what origin they purchase.  Meal is trying to hang on to trading lows while soyoil continues to put in dynamic upside trade.  Soyoil is firmer on the back of palm oil, which gapped to new ctr highs today.  Other commodities also have a bid, with cotton closing limit and at 10-year highs.  Crude oil remains on a path towards $80/barrel.   The October WASDE report is next week, and there are more guesses about yields crossing the headlines.   IHS Markit fo...

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U.S. July Fourth Holiday

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livestock

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From WPI Consulting

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