Markets Shift Focus To New Crop Ukraine Issues March 7, 2022
A higher overnight start for old crop corn futures failed to hold. The day closed lower. It also failed to take out Friday's 782 3/4 highs. The trade was quite eager to point out new crop futures were the leader today. Both new contract highs, and a new high-close, were noted today for the December. The trade may suggest it has factored in what it can for old crop upside risk. The market is now interested in discussing "how severe" of a problem new crop Ukraine grain production will see.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
-
Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
Market Movers
December 4, 2023
December 1, 2023
November 30, 2023
November 29, 2023
November 28, 2023
Snapshots
Snapshots