Well, this is getting us nowhere. After news broke yesterday that the United States had spurned an offer for two Chinese vice-ministers to fly in early for preparatory discussions ahead of the scheduled...
Choppy price uptrend remains in place. Bulls continue to show resilience.
The pop in volatility yesterday provided some great opportunities for active traders. We expect to see more of this in the near term.
Cattle moves lower
Looking for Wheat to Gain on Corn
Here is a quick 3.5 minute video on wheat's slow upside progress. It's progressing.
Suppy and Demand outside of China
Not Dead Yet
WHEAT General Comments Winter Wheat markets were quietly mixed on Friday and quietly mixed for the week. Chicago SRW closed a little lower for [...]
Recent rebound suggests more sideways and choppy trading in the near term.
Be Still My Heart
Russian wheat prices rise as exporters find replacement stocks less plentiful.
IMF Chair Christine Lagarde came out with negative Nelly news that we are going to see a lowing down in global growth and slowing China [...]
Will grains take out technical resistance this week?
As Government Continues Shutdown Traders Wait for Trade Improvements
Soybean (ZS) bounced roughly 1% Friday, closing at triangle resistance (on the 4hr chart). Given the WASDE originally scheduled for Jan 11 has been postponed due to the ongoing shutdown of certain US government...