Wed. the 12th USDA Report
Friday 14th Last Trading Day Aug. Hogs and Aug. Grains
(Beans, Meal and Bean Oil)
Next 7 day rainfall maps, I’m not a believer in that much precp.
Corn we have had 4 weeks of lower Highs. We need to see some kind of technical trade.
China is stepping it up in soybean purchases and all for new crop beans and corn.
Look for Corn res: at there 4 week avgs.
CU 321 CZ 331
What are we asking for a 11- 13 cent bounce??
Nov. beans closed under there 100 day ma 869.25
Could 850 be next target down?
4 Week avg is 885.25