OptionEye - Macro Outlook - July 29th
Corn down 3, beans down 12 and wheat down 2.
The dryness story doing the rounds yesterday giving things a boost in a very thin trade.
In other news the traders are all waiting for a slew of reports this week to give us an idea about how well the economy is doing. the 10 year sits at 2.47%. Stocks are higher on good earnings from Merck.
Oil is off .52 cents to $101.15. Gold is higher by $2.84 to $1306.85.
There are a lot of housing numbers due out this morning as well as a Consumer Confidence number.
Finally, the dollar is a little stronger to 81.07 up .04.