Overnight grains steadier
The overnight grains markets are steadier this morning with corn up around 10c, beans up around 12-15c and wheat around 4-8c firmer.
The work-shy Argies have kicked off again which is adding a bit of support (can't really see it myself but there you go).
Of more significance are stories circulating of a salvage operation for the failed $700 billion bank-rescue plan.
Crude is steady back above $100/barrel which is also adding some stability to the recently very volatile markets.
US crude & gas stocks data are due out this afternoon, which could prove interesting now that refineries are slowly getting back into production following hurricane closures and disruptions throughout September.
The work-shy Argies have kicked off again which is adding a bit of support (can't really see it myself but there you go).
Of more significance are stories circulating of a salvage operation for the failed $700 billion bank-rescue plan.
Crude is steady back above $100/barrel which is also adding some stability to the recently very volatile markets.
US crude & gas stocks data are due out this afternoon, which could prove interesting now that refineries are slowly getting back into production following hurricane closures and disruptions throughout September.
