CBT Corn/Wheat Hold Chart Based Support, Soybeans Stumble on Fresh Soyoil Low; China on Holiday for their Moon Festival Next Week
CBT futures are lower at midday with corn/wheat futures trying to grab back some of the morning losses. Hedge and speculative sales were noted heading into the first real harvest weekend of the season. December corn and November soybeans returned to test chart-based support which lies under $5.20 and $12.75, respectfully. Wheat futures followed on…