CBT Stabilizes as The Bulls and the Bears Talk their Positions; Nicholas Wind Damage to be Modest; Rain is the Issue; Pakistan Back for Wheat
CBT futures sank in opening trade on renewed fund selling following Friday’s relief rally following the USDA September Crop Report. The bears wanted to push down values following the initial bout of short covering to gauge the resolve of end users. And there was worry that Tropical Storm Nicholas could cause new disruptions to the…