MARKETS NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Tue Apr 23, 2013 12:19 PM CDT

Going home last Friday, thoughts of a double-digit sell-off in grains the next Monday hadn't even crossed my mind. After putting together my Friday column ("The Trouble with Troubles") on Thursday, logic told me that a weekend full of forecasts for rain and freezing temperatures the coming week would start to support the market, fitting in with some of the technical signals I had been talking about in recent Technically Speaking blog posts. Therefore, I was interested, to say the least, as I watched grains open lower Sunday evening before eroding further into Monday morning. By midday soybeans and wheat ...

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