Corn: up 1 to 2
Soybeans: steady to up 2
Wheat: up 2 to 4
Tech Talk from the Tech Guy
Last night, the Tech Guy wrote about May soybeans:
We will see if $16.33 to $16.30 functions as support. The next level of support is $16.12 to $16.10 and then $15.91. If May beans do not trade below $16.33 tonight and tomorrow, this is one strong bull and get out of the way.
The low was made early last night at $16.36. The high on May beans was $16.75 and the settlement was $16.71, up 36 cents.