It was a strange trading day with twists and turns that were at a minimum, unusual:
Grains and oilseeds all closed higher overnight and then continued that trend in this morning’s open, with wheat again leading with double-digit higher gains.
There were new contract highs in SRW, HRW, Paris wheat and Malaysian palm oil. By contrast, feeder cattle and lean hogs opened lower.
By the end of the session, some had suffered whiplash as grains and oilseeds were all bleeding red while the livestock complex made notable gains.
The switcheroo was not too surprising when one considers the diverse interests, their motivations, and the underlying fundamentals. Let’s start with the outside money. L...
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...
