Oil Collapse

Strong Dollar,Iran  Saying they would like to produce 50ok more barrels oil per day by end of year  and tropical depression 9  turning into an afterthought and not a hurricane all weigh on prices.This fundamental cause for weakness has pushed prices below  support levels and in turn  caused some longs to be squeezed. Cl – 1,3 % and brent -1.8%  Reminder that tomorrow is the last day for October brent and september Rbob and Heating Oil. Just hitting wires  Iraq says it will Support Oil Freeze. Small bounce in prices

Grain update  tomorrow  is first notice day for September contracts,Corn has traded down to 7 year lows.Trading 307 now  have not had front month corn contract trade below $3 in 10 years.

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