The trade expects only soybeans to see an export hit on Wednesday. October 7, 2022
It may not feel like it but this week was a win for soybeans, technically by a small 2 1/4 cents. Different than corn the trade is expecting USDA to recognize an export hit on Wednesday, more than the supply change would suggest. This market still needs to fill 1/2 cent of that big downside gap on the charts, 1349 1/2 - 1356.
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Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
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Exports Expected Poor, Grains Move to a Range
June 2, 2023
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
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Macro Selling Seen, Rain Coverage Increases
May 31, 2023
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Weather Maps Add Rain, Funds Not Short Covering
May 30, 2023
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End Of The Week, Holiday Short Covering
May 26, 2023
Market Movers
June 2, 2023
June 1, 2023
May 31, 2023
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May 26, 2023
Snapshots
Snapshots