Algo Flows in Grains and Oilseeds
Today, Flat-Price mean reversion algos are selling Wheat, Corn, Soybeans, Soymeal and Soyoil. Trend following algos are selling Wheat and Soymeal. Tues-Thurs, reversion algos sold the above markets, as well as Canola, Rapeseed and Palm Oil (trend also). Alert: if the Grain and Oilseed markets continue to roll-over the large volume trend sell-stops / profit-taking…