Capesize

17950

Sep-17
0.00 0.00%

Panamax

11175

Sep-17
225.00 2.05%

Iron Ore

76.5

Sep-17
0.85 1.12%

Sing 380

278.25

Oct-17

Coking Coal

208

Sep-17
0.00 0.00%

Nola Urea

212.5

Sep-17
0.00 0.00%

FIS Technical – Grains And Ferts


FIS Technical – Grains And Ferts

Soy

A generally quiet week with prices feeling the pressure of improved Brazilian planting conditions and the progressing US harvest. Global stocks remain comfortable but the funds are long in the hope of a fundamental push from Brazil and a technical breakout out of recent ranges.

Corn

It’s hard to get bullish to corn fundamentally or technically, however, downside under recent lows also seems limited unless something negative in beans drags corn along for the ride.

Wheat

Market lacks direction and momentum. Difficult to see it breaking recent ranges.

Urea

Interesting that technicals, though still bullish are giving early warning signals that momentum may be starting to weaken.

soy 20-10-17

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