Commodities across the board in the US and around the world had seen new historic highs made for some commodities.
Commodities across the board in the US and around the world had seen new historic highs made for some commodities.
Grain futures actions since Wednesday's October 13 low confirms harvest lows are in.
Grain futures are not acting negative at all, even rallying into a harvest weekend and post harvest.
China is in big for grain, soybeans and wheat. Harvest lows look to be in.
After yesterday's break to new lows for beans and corn and wheat selloffs, end-user demand is prominent today.
Egypt reneges on a wheat tender.
Overnight we saw some new historical highs in Malaysian palm oil, US oat futures along with cotton.
In today's heartland market talk we discussed oats and why is not only high and making new historical highs but it can go higher. Also soybean oil is back in the news.
