Monday 16th NOPA Crush # 11am cdt
Friday the 20th Cattle on Feed Report
Conab est. Brazil Beans 135 mt. tons vs. 125 last yr.
Corn 104.9 vs 105.20 last yr.
Dec. Corn 21 vs. Nov. beans 21 ratio is at 2.571
Monthly Corn chart
High on 7/2015 443.25 and 6/2016 439.25
MHO is that the targets for March corn is 439-443
Close over 443 look for 464
Jan. Beans support 1131-1129 CLOSE under 1123 targets imho would be 1107 and 1083.
IF we close above 1208.50 I would see targets 1224-1243.
US Dollar weekly support 9117 and 9090
S.A. Russia Ukraine weather
ALL market movers to watch.
Trend is up and breaks are healthy
April cattle filled its gap at 116.40 and closed under it.
We could see more pressure imho
Wear your mask
Call with any question please