Coffee closed nearly 6% higher to open the week, the backwardation/inverse in its forward curve strengthening along the way.
Corn followed Monday's solid rally by slipping lower overnight into Tuesday morning. However, Monday's trade volume in Dec26 appeared to be record large for a December corn issue.
Crude Prices Sharply Lower as Oil Supplies Move Through Strait of Hormuz
Why This Week Looks to Be Fun
Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz
#coffee
Corn followed Monday's solid rally by slipping lower overnight into Tuesday morning. However, Monday's trade volume in Dec26 appeared to be record large for a December corn issue.
Crude Prices Sharply Lower as Oil Supplies Move Through Strait of Hormuz
Why This Week Looks to Be Fun
Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz
#coffee
8 days ago