Turn-around Tuesday in play for row crops while wheat futures make big gains on the day

Wheat futures appear to have scored a technical bottom last week Friday, while corn and soybeans stabilize against new oncoming rains for South America.

Heartland Market Talk
Heartland Market Talk
Turn-around Tuesday in play for row crops while wheat futures make big gains on the day
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In today's Heartland Market talk, we review the conditions that are keeping corn and soybeans from recovering sharply today after yesterday's strong losses. Even though hot temperatures of 102-112° beat on Argentina and southern Brazil this week, improving chances of rain for January 18-23 has the market at bay. Wheat futures are finding new buying interest after post new year tax selling from the farmer.

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