
The DTN weekly grains and softs analysis for the week ending May 11, 2018 reports July oats closed at $2.34, rough rice at $12.655 after a 27.5 cent drop, July cotton at 84.62 cents, and July coffee at 119.40 cents per pound. Rice broke to a new four-week low, signaling a secondary downtrend, while cotton showed warning signs of a possible downtrend.
Technical signals in rice and cotton point to weaker near-term prices, which matters for buyers pricing rice-based and cottonseed-meal-linked feed. Oats weakness adds mild pressure to feed grain alternatives.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.