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5/3/24
Corn up 1, Beans up 16, Wheat up 18
Crude Oil-78.06 down .89
US Dollar-105.02 down .27
Dow Jones-38,678.67 up 453.01
Strength from heavy fund buying continued the rally for beans today. Southern Brazil is being demolished by extreme flooding- taking down crops, homes, roads, etc.… Corn rallied early on chart buying but hit farmer selling and fell well off the highs. Paris wheat values took off to the high side today and pulled the Chicago contract with it.
Have a great weekend!
Brynna
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