date:Oct 10, 2013
might be seen as a bearish short-term technical development.
Kansas City and Minneapolis wheat closed higher. The early rally failed to take out key psychological resistance at 700 before the market drifted low.
Weather forecasts seem to be improving for getting more crops planted in the Black Sea region but fears of a smaller 2014 crop from the region remain as a concern.
December Oats closed down 3/4 at 316 3/4. This was 1 3/4 up from the low and 2 off the high.