World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

World financial markets were getting decimated again when markets opened Sunday, and it was another day of risk off and "get me out" selling. However, that selling pattern across the grains/oilseeds markets started to change when today's session opened. General Comments World financial markets were getting decimated again when markets opened Sunday. The Shanghai Composite Index lost 8½ percent, and most other world indexes were down 4-5 percent. The U.S. dollar was down nearly 1.5 percent, while crude oil was trading below $39/barrel. Nothing else mattered to the grain and oilseed markets. It was another day of risk off and "get me out" selling. Soybean futures were hit the hardest because that is the market most directly tied to China, a...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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Illuminating the value of technical research

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