Recent weakness turning short-term technical trend in some grain futures contracts

Long-term models still clearly bullish

Estimated average speculator positions in corn and soybean oil a long way from being underwater and forcing liquidations

It’s all profit taking right now

On this day in history:

1927: Charles Lindberg solos across the Atlantic Ocean
1932: Amelia Earhart does it again!
And (drum roll, please) 1973: Mike Caughlan is born… Happy Birthday, Mike!

Host: Nicole Thomas, Vice President – Information Services
Expert: Shawn Bingham, Director of Risk Management