The price action of the grain futures markets looks promising and we could be seeing higher prices. The market appears to be trying to gain some confidence right now and decide which direction it wants to go. I would still keep a close stop placed though, just in case.

Chicago wheat futures Look like they are being supported at the current price level and could continue higher,even though the indicators were showing a potential correction. Keep a close stop just in case wheat does drop below the current price levels.

Corn futures are resting after a good move the last month or so, corn could use these price levels as support too, so just keep your stops close.

Oat futures actually moved up some this last week but haven’t made much progress over the last month or so. The indicators are still strong and oats could still break up.

Soybean futures don’t want to quit. Slow and steady appears to be the norm for them right now. I would stick with soybeans but keep your stops close.

March Chicago wheat futures closed Friday at 629.4¢

March corn futures closed Friday at 410.6¢

March oat futures closed Friday at 230.0¢

March soybean futures closed Friday at 10.360¢

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions