While dry weather will help to accelerate harvest for mature crops, it is hurting later maturing soybeans as well as winter crops that are now getting planted such as winter wheat and canola. The ...
In Soybeans it is a 23.6% retracement, in Corn it is a combination of 23.65 and 38.2% and in Wheat it is 38.2%. We will be watching the 38.2% levels on any setback to see if the trends will continue.