Well, I guess this morning’s action in the main commodity markets answers that question about whether we were going to see a delayed reaction rally in the commodity markets which closed before yesterday’s stupendous stock markets rally.
Everything leapt up by a big gap this morning when the markets opened and continued on upwards.Â
Huge moves.Â
So ag commodities still seem wedded to the big swings in the equities markets, which is a relief for now because they shared all the beating downwards and going upwards in tandem would at least offer a bit of solace to recent losses.