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Barchart
Barchart
Darin Newsom

UNCOVERED: Has the us harvest finally arrived | History Defined

  • The commodity complex was largely in the red early Wednesday morning, though rather than erasing Monday's explosive rally this is likely the calm before algorithms are triggered once again.

  • In the Grains sector, both Corn and Soybeans were under pressure on what could be commercial harvest selling following the recent noncommercial-led rally in futures markets.

  • Since SRW fundamentals continue to lean bearish, noncommercial interests have possibly moved back to a net-short futures position.

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