Setzer Commentary
The lack of a bullish story and technical pressure are giving us weaker futures to start the week.
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Commodities are narrowly mixed as positioning increases ahead of USDA balance sheets.
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Pre-report trade and improved global weather outlooks weigh on early trade.
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Grain trade starts the week under pressure as buying interest wanes. Soybeans show some strength folling an uptick in demand.
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New month buying and favorable trade talks are supporting this morning's trade.
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Global weather imapcts markets as trade awaits news on US/Chinese talks.
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Month end positioning squaring and weather are dominating today's trade.
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Lack of fresh news, technical indicators weighing on today's trade.
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Commodities start the week under pressure from a lack of fresh news and losses in the finanicals/energy markets.
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Consolidation is giving us mixed trade ahead of the weekend.
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