Opening Comments OptionEye...Dec 17
The dollar is stronger, gold is slightly better and crude oil is up a tad as well.
The stronger currency will keep us on the defensive today with the call for corn being unchanged to 1 lower. Beans are 4 to 7 lower and wheat will be 2 to 4 lower. The holiday markets are starting to settle in with volumes decreasing and volatility increasing.
Again, the big movers are still China, global weather and the currency.
More in a few.....