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Impact of Crude Oil on Grain Markets

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Our team will be watching Crude Oil as the week progresses. Here's what we're keeping an eye on:

Crude oil tested the 20-day average during the overnight session. Prices have not closed below this average since January 4. If a further selloff develops in oil, then it could lead to selling pressure in the grains.

Today's update was written by Kluis Commoditiy Advisor team member Bob Linneman. Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning. Try our30-day free trialto test it out.

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Kluis Commodity Advisors (KCA) is a full-service broker with a combined 70 years of experience in the agricultural hedging business, assisting producers and processors with their grain marketing and risk management needs.

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