69Cat - 3/17/2016 13:53

For right or wrong, i think of oil as the key point indicator of health of economy. When oil is down so is the economy, high oil means an economy with lots of money moving. So low oil means low demand and this means all other commodities will be low also. Some commodities move slower but they all align with oil eventually.

Oil moving up will see other commodities go higher. Question is whether oil moves up more, flattens or drops again. And if the dollar weakens with rising oil then that too is good for grain sales. So, to me the question is how strong is the economy?