Grains Start their Ninth Month of Rallying with New Highs May 7, 2021
Corn, soybeans and the wheats all posted new high-closes for this amazing uptrend. Traders remain quite concerned over Brazil's unrelenting moisture situation. Additionally the trade expects USDA to post new crop numbers on Wednesday that are quite close to the tight old crop situation. Combined with a little US cold snap, bulls exerted their control.
This content requires a premium subscription.
Please login to your premium subscription to view this content in its entirety.