There were a lot of red numbers last week in the commodity markets. Corn closed the week down 15 cents while beans were 19 cents lower. The funds added to their short positions as the traders seem to ...
We survived a USDA stocks report last Wednesday unscathed as it was a non-event. We were trading higher for the week until we got to Friday and suddenly the funds decided the US weather was non-threat...
There was no good news in the grain trade last week as everything ended the week in the red. July corn was down 18 cents and Dec corn ended the week down 21 cents.