Just a volatile session as the recession vigilantes aggressively sell grain markets from overnight strength.
Just a volatile session as the recession vigilantes aggressively sell grain markets from overnight strength.
After two days of massive grain selling, corn and soybeans are mounting a recovery rally the day after the USDA crop report.
Grains are sharply lower today and it was not just from the USDA crop report.
Extreme weather markets continue with large gains completely erased in the case of wheat big losses.
Grain futures moved sharply higher again today and are closing higher across the week for corn, beans, and wheat.
Grain futures have a sharply higher session stored today as the thrashing of two weeks came to an end Wednesday.
Grain futures tumbled again today, due to losses in crude oil, but support seems to be surfacing.
Grain futures collapse from not only rain but recession.
Classic in the theme we said yesterday, there's a strong correlation with grains collapsing the day after crop reports whether friendly or price negative.
It's June 30, and the big acreage along with stocks data was released in today's session.