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Buxton ND | Both corn and beans gaped lower,not the best sign. Bean gaped under 9.50 on the open,dropped,re-tested 9.50 then lower again,plus 8 pm did not save save us,not a good sign. Many times whether its higher or lower Sunday opens set the tune for the "weak"
For all the wild action last week,its really didn't do much,most after Tuesday close so won't show up til next weeks report.
Short covering rally lead by lack of hedge pressure,this week looks to be back to normal.
Guys getting bullish on last weeks actions in beans will be dis-appointed this weeks..... | |
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