For the week we see why it’s called Futures Markets
We are trading the forecast for a wetter Aug.
Here is the start of the month:
Sept Corn 599.25 Sept Wht 679.50 Aug. Beans 1430
Dec. Corn 588.50 Dec. Wht 685 Nov. Beans 1399
Sept. Oats 391 Dec. Oats 392
This week will be the end of trading for the month on Friday the 30th
Market action was poor with the heat Do we open Higher tonight?? But can we hold Higher.
Some weak longs moving out and some hedges being put on.
Many factors outside of the market is also confusing.
The moving pieces are many.