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It seems wheat futures put in an interim bottom last week, as the May contract busted through overhead resistance (20-day MA, light blue line) in intraday trading. Having already spent five weeks ...
Today, September Wheat (Chicago) closed at 5.41 ¾, dropping 7 ¼ cents on the day. We saw the market finish last week on a strong note, above the 50-day moving average (green, 5.55 today) but ...
Corn falls on report hangover, lower wheat, bearish outside markets. Soybeans pop on a record crush, lower Brazil crop. Cattle see a chart breakout on wx, higher beef, cash ideas. Ted Seifried ...
Wheat hits new lows in KC on fund selling, crop ratings, talk of Russia lowering its export tax. Row crops up on corrective buying. Cattle consolidating under chart resistance.
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