Soybeans helped prompt an overnight recovery bounce in price.
Grain Markets Rebound as Trade Tensions and Cattle Recovery Develop
Short covering was a feature in the overnight grain trade, with soybeans leading to the recovery bounce. The news was sparse as for the buying interest, other than index funds, which are now buying breaks. Early Wednesday morning, corn, soybeans, and wheat again saw new highs for the year. We're Keeping the Algo rhythm/AI computers buying breaks for now.
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