Biding time seems to be the dominant strategy within grain markets. Short-term strategies to scalp limited returns are expected to influence day-to-day activity for the next three weeks. General Comments Biding time seems to be the dominant strategy within grain markets. Short-term strategies to scalp limited returns are expected to influence day-to-day activity for the next three weeks. Somewhere within this time period, though, could be a seemingly unexpected and rather abrupt drop in nearby soybeans. The justification given for such price action is likely to be the increasing pace of the South American soybean harvest and better moisture conditions for the remainder of those soybeans that are still maturing. However, there is also an a...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, North America