It looks like the corn market has begun its post-harvest seasonal rally. The recent USDA report and South American weather ...
Naomi Blohm with Total Farm Marketing attributes the recent strength in the soybean complex to end of quarter fund short covering. However, the market ... to run into major chart resistance ...
Darin Newsom, Senior Market Analyst with Barchart, says wheat is higher for a third day seeing mostly short covering ... cents below chart resistance. Yet, Newsom says demand for corn has been ...
CBOT March wheat was up 7-1/4 cents at $5.42 a bushel and March corn was up 4 cents at $4.52-1/2 a bushel after reaching $4.53-3/4, the highest on a continuous chart of the most-active contract ...
We discussed the action in the corn ... the soybean market there? Michelle Rook: The funds are short. They covered into the end of the year and even today to start a new year, which was a little bit ...