Grain prices rebound ahead of USDA crop report

Wheat prices yesterday not only tumbled to a new low for the year but took out the December lows, getting exceedingly oversold ahead of the USDA crop report. Buying showed up today on short covering ahead of the data, along with soybeans taking another run at 15.00 but failing to overcome for today.

Heartland Market Talk

00:00 / 6:24

Wheat prices yesterday not only tumbled to a new low for the year but took out the December lows, getting exceedingly oversold ahead of the USDA crop report. Buying showed up today on short covering ahead of the data, along with soybeans taking another run at 15.00 but failing to overcome for today.

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