Most of the grain crops look to be in pretty good shape, with the exception of soybeans, which are still behind schedule.
Wheat's been slammed the past few days after a speculative run-up, so it appears this news was priced in. Not much movement from corn and soybeans.
It still looks like soybeans are the most intriguing play in the grains complex - with strong demand expected to continue from China, and a harvest running behind schedule.
1 comment:
Based on the historical chart, soy has another major ramp job coming in early July.
http://debtsofanation.blogspot.com/2009/06/debts-of-world-
soybeans-now-officially.html
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