Limit down, limit up
It's getting a bit bizarre that unless Chicago finishes anything other than limit these days it's a bit of a let-down.
Thursday ended limit down for beans & oil, at or near limit down corn and 86 1/2c down on nearby wheat. only meal bucked the trend closing just 40c down on nearby May, although Dec 08 finished with losses of $14.
It's not a holiday in the US Monday where the market has turned around and closed at or near limit up on everything. That keeps things nice & simple for us on Tuesday morning because effectively most things are unchanged!
Thursday ended limit down for beans & oil, at or near limit down corn and 86 1/2c down on nearby wheat. only meal bucked the trend closing just 40c down on nearby May, although Dec 08 finished with losses of $14.
It's not a holiday in the US Monday where the market has turned around and closed at or near limit up on everything. That keeps things nice & simple for us on Tuesday morning because effectively most things are unchanged!