Corn, soybeans and wheat charts gapped lower last night. This comes after a poor close on Friday. If the outside markets remain under pressure, the grain bulls could have a tough time holding support.
We are also keeping an eye on the grain markets, which are now focused on the rapid expansion of the Coronavirus in many areas of the world. With global stock and energy prices getting hit hard, the grain markets will start out lower this week.
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.