Monday, August 01, 2016

Morning Dairy Comments, 08/01/2016

Monday, August 1, 2016

General Market News · US GDP disappoints up 1.2% vs. expectations for a gain of 1.8% triggering a 1.230 point decline in the USD · The weaker USD triggered a turnaround for crude oil which settled higher for the first time in 7 days · Moody’s says New Zealand banking system stable... Learn More →

Wheat Report, 08/01/2016

Monday, August 1, 2016

The market is off to a slightly higher start to the week and month, as light volume overnight has all three contracts up 1-2 cents, with some reaction coming from another larger fund short. The CFTC showed that funds are 131k contracts net short in Chicago wheat, which is 14k more contracts that... Learn More →

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