Tuesday, September 2, 2014

A New Month 9-2-14

ES had a small pull back on this Tuesday after Labor Day. It repeated last Friday's pattern of drop and pop. I didn't catch any of it. Buyers are still in control. I was sick with diarrhea and didn't do much work after 12 pm.

Grains were down. Corn tested its daily IHS low. I am not sure if it would hold. USDA released its weekly grain progress report and raised its estimates for grain conditions. Grains opened lower again on the evening session.

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