Ethanol & Export Demand Are Strong, But Recession Fears Strike
- ByTalkmarkets-
The market has been fixated on the possible impact of outside equity, energy and metals markets causing a US recession vs the current corn fundamentals.
The market has been fixated on the possible impact of outside equity, energy and metals markets causing a US recession vs the current corn fundamentals.
Corn prices are having their biggest rally in 15 weeks as "prevent planting,” a form of crop rationing by US farmers, looks set to add to the global squeeze in the grain’s...
The growing season in the Northern Hemisphere is under waySoybean prices are at highest level in years, crush spread indicates robust demandCorn close to all-time highWheat...
Type | Daily | Weekly | Monthly |
|---|---|---|---|
| Moving Averages | Strong Sell | Neutral | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Buy |
| Summary | Strong Sell | Sell | Strong Buy |