Commodity Update: March 25, 2011, 1:30pm

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Among the soft commodities, beans are the strongest commodity today, ahead of wheat and corn. The futures contracts for beans are up 8 cents, corn futures are down 6 cents, and wheat futures are down 6.5 cents. This is a divergence from the recent parity between the group, which could be a result of today's option expiration. Options contracts expire today, which is an event that causes volatility and divergence in certain markets. In addition, the short term technicals have turned down for both corn and wheat given the higher opens and large reversals throughout the day. However, this also may be attributed to options expiration.

Crypto Whales Are Loading Up — Are You?

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