he solid lows are in for corn!

CZ  Trading 34c off the lows right now and 44c off the late May highs. Charts below are for the front month Sept.

Corn historical perspective:

Who remembers $8 corn not so long(5 years) ago   

3 month below

1 year below

5 year below                                      10 year below

Lows are in for beans! I think (-:

Under pressure the last couple of days because of rains increasing in the Cornbelt in the Week 1 part of the forecast.  August is pod filling for beans and critical for determining yields.

SX is 56c+ off the lows(which were 10 year lows), still over $1.69 off the late May highs. Charts below are for the front month, Sept.

Soybeans: Wider perspective: Currently just above the 10 year lows !!!!!

Soybeans 3 months below

Soybeans 1 year chart below   

Soybeans 5 years below

Soybeans10years-Wow, look at that high from the drought of 2012...and demand, currently, we just bounced off of 10 year lows!

                By cutworm - Aug. 2, 2018, 2:33 p.m.            

Wheat and corn at multi year highs,on the Paris exchange, going parabolic (headed to blow off top).Weather in Europe hot and dry. That,s why corn and wheat  are better than beans. Also I think i read about Austria having weather problems with their wheat.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

                By cutworm - Aug. 2, 2018, 2:41 p.m.            

I think the forecast for Europe is for high heat and dry from Spain across France and Germany over to Ukraine and Russia. 

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

                By bcb - Aug. 2, 2018, 4:52 p.m.            

Yes World Weather is supportive for Wheat BUT today the rumor was the Ukraine was going to limit wheat exports.

Funny how nobody caught that news today not even at AGTalk

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

                By silverspiker - Aug. 2, 2018, 5:30 p.m.            

Thank you bcb. Good information on the wheat.