Opinion
Commodity prices continue to trade flat to lower as Chinese stock market losses continue to weigh heavy on broader markets, including commodities, forcing broader optimism for global economic growth to fade. All grain values are lower in the first few weeks of 2016 but with some notables being the front month contracts for oats below $2/bushel in Chicago, Minneapolis hard red spring wheat flopping around $5/bushel and canola trading back and forth around $480/MT in Winnipeg. This rangebound trading is all within a market that’s positioned very short, which may be limiting an aggressive short-covering opportunities. We thought that there…
Register to continue reading
Join the RealAg Community
Create a FREE account to access exclusive content, get access to invite-only webinars and, while supplies last, we’ll send you a RealAg Koozy!
- Focus your experience on RealAgriculture.com by managing your shortcuts and commodities
- Favourite articles to save for later reading
- Manage your newsletter subscriptions
- Comment on articles (restricted to members only)
- Did we mention the free RealAg Koozy?!
Login
Register
Subscribe: Apple Podcasts | Android | RSS
Please register to read and comment.