Grain Market Analysis from Jim Wyckoff
GRAINS: December corn futures were up 15 1/2 cents at $ 8.39 in late trading today. Prices were near the session high and poised to close at a contract high close today. Focus is on the Pro Farmer Midwest crop tour, which has so far found dour crop …
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Iron Ore-Shanghai rebar falls for 12th day, more pressure on iron
The most active rebar for January delivery on the Shanghai Futures Exchange closed down 1.7 percent at the session low of 3,455 yuan ($ 540) a tonne, the weakest since the bourse launched rebar futures in 2009. Rebar, used in construction, has fallen …
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OIL FUTURES: Crude Posts Slim Gains as Market Tracks Storm
October-delivery crude oil futures on the New York Mercantile Exchange were trading 23 cents higher, at $ 96.50 a barrel. ICE October Brent crude oil futures were 29 cents lower, at $ 114.73 a barrel. In its 8 a.m. EDT advisory, the National Hurricane …
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