World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Grains Firmer; Oilseeds Weaker

THE OPEN July beans:  1 3/4 lower July meal:  2.00 higher July soyoil:  1.40 lower July corn:  3 higher July wheat:  1/4 lower Prices opened as called but the soy complex was defensive at the open led by lower soyoil values.  Corn prices found quick support heading higher against the soy. Main trends were firmer grains vs. soy, and higher meal vs. weaker soyoil as traders booked profits in oilshare.   SOY

The soy complex was in defensive mode after the start of the trading session, with a large sell-off in July soyoil into key lower support at 6450c where sell-stops were triggered taking prices to new lows at 64.28c.  Traders found the sell-off handy to reapply buy soyoil/sell meal trad...

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feed-grains soy-oilseeds wheat

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Illuminating the value of technical research

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