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Chris Robinson: Traders Exclusive Commodity Market Update

Corn, wheat and beans are all making new lows for the move.

In today’s Trader’s Exclusive, Chris Robinson reviews the recent trading activity in the grains and what to look for over the next few days. Corn, wheat, and soybeans are all at continuing to find new lows amidst this very weak tape. Robinson recommends against trying to pick a bottom in this vicious bear market. The cotton market is also breaking down, testing the lows at the 62 level which will be key. He cites the strong dollar and weakening Chinese economy as reasons for the push lower in some of these markets. The meats are strong, with the spot and deferred month spread in the hogs a notable area of interest.