Wake Up Call Allendale Advisory Center: Grain markets are mixed after yesterday’s slide. US Dollar is off slightly with crude oil up slightly this morning.
Marco markets�are providing fuel for the decline in Ag markets on Tuesday. The sharp rally in the US Dollar and drop in US Bonds, crude oil and stock indices have provided traders with a risk off attitude. The USDA data on Monday is also weighing on markets as trade sees big crops getting bigger.
NOPA Crush data for August will be released on Thursday the 15th at 11:00 am. Trade will be using this data to project September 1 Ending Stocks for soybeans.