World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The soy complex continues to defy the calls for its demise. No one is certain what triggered today's round of buying, but it was effective and pushed soybean futures to 30+ cent gains following last week's very weak technical closes. General Comments It wasn't supposed to be this way today. Crude oil broke below $50 for the first time since April 2009, the U.S. dollar was strong and markets had failed last week, creating a weak technical outlook. Opening calls Sunday evening were lower. However, corn, wheat and soybeans opened very firm and really didn't look back for the rest of the night session or today. Wheat was the early leader, based on some cold weather concerns, but the soy complex took over today and just would not break. USDA a...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

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