World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Soy the Star

THE OPEN Jan beans:  4 3/4 higher Jan meal:  1.50 higher Jan soyoil:  21 higher March corn:  3/4 lower March wheat:  1/4 higher The markets opened higher in the soy complex as shorts took the opportunity to cover beans and meal.  Meal prices led the way in terms of strength as traders sold oilshare.   Buy soy/sell grain trade dominated with wheat learning heavy all day on fund selling pressure.  Dryness in Argentina, good crush numbers, and oversold conditions fired up the soy complex which stayed in positive territory for much of the day led by meal. SOY

Beans and meal put in a constructive day of trade on the back of technical buying activity spurred on by oversold charts and potentia...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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