There was red all over the board today with corn, soyoil, canola, and lean hogs all down the limit, and soybeans down close to the limit. It was downright bearish and let us count the ways:
Midwest crops are likely to get rain.
Inflation may be more than transitory.
The Fed signaled it will raise interest rates and maybe ease bond buying.
EPA is considering easing biofuel requirements.
The dollar has risen to the strongest it has been since mid-April.
Poor export sales report.
COVID will keep demand down in developing countries.
The Chinese are talking down grain prices.
Technicals are all signaling weakness.
The result? Funds dumped all day long. The market has now performed a 180-degree fl...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...