Outside Markets Friendly, But Ample Supplies Continue To Cap Grains' Upside

Posted on 03/09/2017 10:24 AM
Grain and soybean futures benefited from some additional short-covering this week, adding to ideas near-term lows may be in place for these markets. Soybeans extended gains as the week progressed thanks to a sharp pullback in the U.S. dollar index on a more-dovish stance for the Federal Reserve and ongoing political turmoil in Brazil. ...