Modest Changes for Grains, Soy Works Lower and Cotton higher
Author: Doug Christie
Fundamental: Soy was the biggest mover in the first full 5-day review period of 2024 with prices declining by 25 cents. Recent moisture and a favorable forecast in Brazil seem to be systematically taking the weather risk premium out of bean prices. Corn and wheat were 3-4
Bearish Tone Continues Post-WASDE Report