Grain TV: Bears Move in on Corn and Soybeans
Lack of sales in daily export reports opened the soybean markets to bears, causing the market to drop through $14.50 resistance. Another weekly decline in ethanol crushings moved corn lower and a continued downtrend in the market seems likely.
In a historic move that will have major long-term implications on trade and markets, voters in Great Britain surprised the world by voting Thursday to leave the European Union. David