date:Jul 09, 2014
not all USDA data are going quite so much against crop bulls, with the US crop condition data released overnight showing that corn and soybean condition had not improved, as investors had expected.
Soybeans remained at 72% rated good or excellent, and corn at 75% good or excellent � albeit that these ratings are, of course, historically high.
Mind the gap
And, technically, the market is oversold, CHS Hedging said, adding that it could find some support on short covering.
Still, thinking of