soymeal

US corn, soy rise as Brazil rains drive farmers from fields
Markets

US corn, soy rise as Brazil rains drive farmers from fields

  • "Wheat being beaten down yesterday did not make too much sense," said Terry Reilly, senior analyst with Futures International in Chicago.
  • CBOT May soybeans were 7-1/4 cents higher at $14.15-3/4 a bushel and CBOT May corn was 2-1/4 cents higher at $5.54-3/4 a bushel.
Published 24 Feb, 2021 09:27pm
NY coffee may rise towards $1.2665
Markets

NY coffee may rise towards $1.2665

  • The uptrend from $1.2040 looks incomplete. It seems to have adopted an impulsive wave mode. A small triangle is contracting to a point. It is a bullish continuation pattern.
Published 24 Dec, 2020 09:37am
CBOT wheat may retest support at $6.05
Markets

CBOT wheat may retest support at $6.05

  • The third wave labelled c is expected to travel into a range of $5.99-1/4 to $6.02-1/4. A break above $6.11 could lead to a gain into $6.14-3/4 to $6.18 range.
Published 21 Dec, 2020 09:13am