World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Short covering continued across the soybean futures today. Most analysts are bearish, based on the forecasts for record world ending supplies. The problem is the market refuses to acknowledge several factors. General Comments Markets were quietly steady overnight with little fresh news to trade. Soybeans and wheat turned higher early this morning with corn lower, which is how today's session opened and closed. Funds were net buyers of everything except corn.Options against the May futures contract expire this Friday.Stats Canada will release its planting intentions report this Thursday.U.S. equities markets were beaten lower last Friday but got it all back today. Today's rally was sponsored by news that China's Peoples Bank had cut reserv...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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