Bank failures cause market chaos

It's been a volatile week, with the recent new high placed by soybeans early in the week completely rejected, and the market is now tumbling back to near the 15.00 mark. We also explained why wheat is sharply higher while beans are lower.

Heartland Market Talk

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Today's grain trade found unwinding of fund positions as index funds want to lighten their trade. Since they were short wheat, the wheat market tried to rally today on their liquidation, while soybeans experienced selling as funds liquidated their longs.

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