Market Tone
Choppy, low-volume trade across markets
Traders are exhausted from constant headline swings, especially tied to Donald Trump
“Headline trading” is driving short-term spikes… then quick reversals
Overall sentiment: fatigue + lack of conviction
🌾 Grain Markets: Overnight Strength → Daytime Weakness
Soybeans
Overnight rally pushed above $12 (first time in 6 weeks)
Reversed sharply → now ~18¢ off highs
Weakness tied to soybean oil losing momentum
July: $11.82¾ (-7½¢)
November: $11.58¾ (-7¾¢)
