From the Desk of Ian Culley @IanCulley
I can’t stop talking about the softs trading on the NYMEX.
Coffee, cocoa, and OJ are all ripping higher. It seems only a matter of time before sugar and cotton join the fun.
So can we extend an underlying bullish thesis for ag commodities to the grain contracts traded on the CBOT?
I don’t think it’s that simple. Regardless, I want to be prepared if and when the Chicago grain markets break out…