
In recent trading activity, commodities have shown notable movements. In the last 24 hours, the largest price movement was observed in wheat, while soybeans emerged as the biggest percentage gainer among grains. The US 2s10s bond yield also exhibited significant movement, although no G10 bond yields recorded a 2 standard deviation move during the same period. Over the past week, the GB 30Y bond yield has been highlighted for its notable fluctuations, alongside other yields including GB 10Y, Canada 10Y, and Italy 10Y. Analysts have indicated that the next target for March corn is $4.99, following a recent close above $4.88, while soybeans are aiming for a price target of $10.80. Wheat has recently broken out of a falling wedge pattern, suggesting potential upward momentum.
#Wheat breaking out ๐พ ๐ Finally busting out of this falling wedge weโve been trapped in for several months Is it finally wheats time to shine..? https://t.co/EeLAIjNvgf
#Soybeans bounced Friday exactly where they needed to keep an upside bias ๐ฑ (50-61.8% retracements of the recent rally) Next upside objective is the $10.80 area and a 3rd test of that black downward trendline https://t.co/lLaZOv1VQK
Corn continues its rally ๐ฝ Next upside objective is $4.99 after closing above the $4.88 resistance We are going to get a correction at some point whether we hit the next upside target first or not Corn is the most overbought itโs been in over a year If we get a correction,โฆ https://t.co/9YYgHZaQAp










