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Row crop markets are mixed in the overnight, as the USD trades unchanged amidst an evening of low volume. All 4 markets I cover for you come into this morning facing weekly losses although no real technical damage has been done in any market with the exception of KC Wheat.
US row crop markets are higher across the board this morning as high level talks take place between the US and China per China’s commerce department. Soybeans are leading the way higher on this news as January beans make a run at 900.
US row crop markets are mixed this morning, while crude oil makes a new 9 month low. December corn and January soybeans remain in their tight ranges at 370 and 888, while cotton markets bleed lower as FND approaches for December futures at 76.66, up slightly.
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Depending on who you talk to, the most recent US jobs report was either disappointing or very impressive. Clearly the widely-followed headline gain was very disappointing against expectations, but the massive upward revision in the previous month’s payrolls, a bigger than expected drop in the unemployment rate, a huge…
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Latest Rath Overlay Update! Good Wednesday Morning Traders! Get the latest updates from Sr. Broker Drew Rathgeber’s vBlog where you will see insight and analysis of your favorite commodity futures markets! Don’t forget to sign-up for AccuMarkets for specific trade advice. Watch now!
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