US Production: Neutral Corn, Neutral-Bullish Bean, Neutral Wheat
US Stocks: Neutral Corn, Neutral Bean, Neutral Wheat
Early Price Action: Bearish Corn, Bullish Bean, Bearish Wheat, Bullish Canola
Closing Price Action:
Neutral Corn – closed lower but on a continuation of a previous downtrend and on mildly Bearish news.
Neutral Beans – closed higher but on mildly Bullish news and not above any significant resistance levels.
Neutral-Bullish Wheat – closed higher on neutral news but not above any significant resistance levels – pennant forming.
Bullish Canola – closed much higher on mildly Bullish Bean news but only up to a resistance level so far.
2-Day Price Action: coming tomorrow with more commentary on the sales plan going forward.
