Lifting them up! ๐
Jan 13, 2023๐ธ Halfway through this week, in the grain markets, a modest amount of short-covering occurred, which lifted prices to various degrees:
• Corn prices benefited from some light technical buying that lifted prices by 0.25%.
• Soybean prices moved moderately higher as traders remain somewhat focused on the drought in Argentina while waiting for fresh USDA supply and demand data.
• Wheat prices saw gains of as much as 1.25%, after traders engaged in some technical buying and short-covering.
๐ This was just a summary… You can find the whole thing here.