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Community Manager
Jeff_a_Caldwell
Posts: 966
Registered: ‎04-29-2010
0

Grains sticking higher, looking at outside factors

So, without much to talk about when it comes to fundamentals, looks like the grains are staying on the higher side based on outside factors, namely word of a deal to bail out Italy's debt. But, the gains aren't near where they were yesterday. So, does that mean this turnaround that started Monday is already running out of gas, or are the grains just waiting on more fundamental news as an excuse to send things higher? 

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Jeff Caldwell
Agriculture.com Multimedia Editor
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Esteemed Advisor
sw363535
Posts: 4,263
Registered: ‎07-18-2011
0

Re: Grains sticking higher, looking at outside factors

just rebound from overdone ride on the euro bus.  No news is stability and eventually hunting for the easter egg corn supply will quietly become a trend.   sprinkled with a lot of new crop revelations from south and north to delay inflation till after election.

sw
Veteran Advisor
Palouser
Posts: 2,133
Registered: ‎05-13-2010
0

Re: Grains sticking higher, looking at outside factors

For the life of me I don't understnad the talk about lacking fundamentals for corn at least. Record ethanol production so far, high COF, and good exports so far, even as compared to last year. Producers seem to be marketing normally.

 

 

Advisor
nwobcw
Posts: 1,696
Registered: ‎05-13-2010
0

Re: Grains sticking higher, looking at outside factors

  I believe SA crop prospects are in play now.