Late-Week Short-Covering in Grain and Soy Futures

Posted on 03/09/2017 10:24 AM
Traders covered short positions in the corn, soybeans and wheat markets the second half of the week. That resulted in solid weekly gains in the soybean and wheat markets, while corn was near unchanged for the week. The corrective rally in soybeans came despite a rise in some private South American crop estimates. Wheat futures were sup...