date:Jul 09, 2014
cted June 1 grain and soy inventory data, and above-forecast soybean sowings, released last week.
'No signs of bottoming'
That said, will the Wasde provoke some reluctance to extend losses too far, for fear of a data surprise?
The market is showing no signs of bottoming, although we should find some stability coming into Friday's report, which will be bearish, said Sterling Smith at Citigroup.
The only question is how bearish will it be and what level will be at when it comes out.
In fact,