Grains Report - Thursday, June 23
- ByTalkmarkets-
Soybeans and the products were lower as hot and dry weather invades the US.
Soybeans and the products were lower as hot and dry weather invades the US.
Corn closed higher in July on reports of a stronger US cash market and higher in new crop months on outlooks for hot and dry weather for the next month and three months.
The soft commodities market speculator bets were mostly lower this week as just three out of the eleven soft commodities markets we cover had higher positioning this week while...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Sell | Sell | Strong Sell | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Buy | Strong Sell | Strong Buy |
| Summary | Strong Sell | Strong Sell | Neutral | Strong Sell | Strong Buy |