Fccoop

MARKET COMMENTARY

AM Comments 05/08/15

Friday, May 8, 2015, 8:05 AM
Submitted by: Dustin Weiner


Our markets look pretty quiet this morning, they traded near unchanged for most of the night in a narrow range. It’s been both higher and lower since I came in this morning and at the moment it is lower – opening calls from Chicago can safely be classified as ‘mixed’. With the $US a little firmer today and general fundamental news remaining bearish be wary of a lower grind into the close.  Even with the negative fundamental outlook, our markets may stay range-bound into next week – at least until we get a better feel for when the last chunk of planting will be completed. 

 

Have a great day!

 

@fccoopgrain

 

 

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