Just a short Wednesday update. The grain contracts I follow had their last trade date today and have switched to the May contracts. Chicago wheat Is right at support, so watch it close. I think it could bounce up off support. If it breaks through it could go lower. Corn has moved lower, just like [...]

Chicago wheat is trading around support right now, and the indicators are hard to read, so I would wait for a move to make a trade unless you are an aggressive trader. IT appears to me it could trade up or sideways but if it breaks through support, it could go lower. Corn has been [...]

May Chicago wheat moved back down some this week. I would watch the support to see what happens. It appears it could bounce back up, but If it breaks through, it could go lower. May corn moved down like I expected but just a little and then stalled. With the indicators so low, I would [...]