Debt-limit concerns now have a new opponent, June weather

We'll call today's trade on the July contract, from -25 3/4 cents at one point, to a positive close of +3 1/4, as positive. Though November did post a rebound from morning lows the close was not as positive, -6 3/4. Both contracts pushed to new contract lows. The November posted a new low-close. Energy prices, with an eye on debt ceiling talks, are a problem. US buyers picked up two cargoes of Brazilian soybeans. General concerns over export sales and an aggressive planting remain.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.

Login

Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers

Snapshots

Trader Insights

Morning Wake up Calls