date:Apr 29, 2016
It was a day of profit taking on the grain markets, as corn and wheat futures turned lower.
And soft markets saw a sell-off, as ideas of ample supplies of coffee and sugar from Brazil grew.
There is not a lot of fresh news in the marketplace, noted Ami Heesch, at CHS Hedging.
Grain and soybean weakness is being attributed to technical profit taking rather than the lack of fresh news, said Kim Rugel, at Benson Quinn Commodities.
Tregg Cronin, at Halo Commodities, noted back and fill trade, as th