MARKETS
Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Gulke has heard the argument that the funds hold a near-record short position in the grain and oilseed complex and will eventually need to exit those positions. However, he says it’s not that simple.
Corn futures were able to notch their first positive close of the month in yesterday’s trade and are attempting to firm in today’s trade. Are we nearing a market low?
Corn and soybeans are higher in the early morning trade, but will it hold through today’s trade?
Grain markets continued to struggle this week following a WASDE report that offered little reason for Funds to cover their ever-growing net short position. Here’s how things stand at the end of the week.
With the USDA report behind us, what’s next for the markets?
Grain futures prices were under pressure to start the week with soybeans making new lows for the move. What could be the catalyst to encourage a short covering rally?