Grain futures turned sharply higher today, with soybeans seeing gains of over $0.50 on Chinese buying.
Grain futures turned sharply higher today, with soybeans seeing gains of over $0.50 on Chinese buying.
After overnight strength, grain prices tumbled alongside weakness in crude oil.
Grain futures and a host of commodities along with stock indexes moved sharply lower yesterday into this morning's event that may upset China with Nancy Pelosi in Taiwan.
Grain futures turned lower overnight
Grain futures had seen large swings in price today.
After six weeks of continual selling, grain futures have seen nothing but strength every day this week.
Big jump today in grain prices that get checked while wheat stalls.
We go over how Russia and weather have affected the grain markets over the weekend.
Grain prices had soybeans and corn tumbling to near their July 5 lows earlier in the session, while wheat futures try to follow the sharply higher European wheat values.
Lack of participation is creating sharp interest session moves in the grain trade.
