The CBOT capped a volatile week with a relatively quiet day of trading. That didn’t mean there weren’t ample technical developments, however, with several markets forming or hinting at trend reversals. For the day, corn futures showed some strength early but ended flat while the soy complex saw steady selling pressure after this week’s earlier rally. HRW wheat futures continued their upside move with increasingly bullish technicals. Funds were net buyers in corn and KCBT wheat while remaining steady sellers in all three legs of the soy complex. After seemingly being single-mindedly focused on the South American weather and U.S. exports, futures markets seem to be slowly reacting to other fundamental developments, most of w...

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