The Indicators for the grains are still looking good and the tendency was up for the grain futures markets last week as I expected. Some sideways movement could be possible, but I think the trend should be up for now.

Chicago wheat futures moved up nicely and the indicators look good for some more upward movement soon. Keep you stops close in case it decides to move back down to support before heading up again.

Corn futures did move up some early this week and settled back down after a good move last week but indicators for corn are looking real good for a move up again. Just keep your stops close.

Oat futures moved up early last week too and then settled back down but oats are looking good too.

Soybean futures moved up some and although the indicators aren’t as strong as some of the other grains, the indicators are pointing towards a move up in soybeans also. Just keep your stops close.

March Chicago wheat futures closed Friday at 563.2, up 50.2¢ for the week.

March corn futures closed Friday at 380.6, up 7.2¢ for the week.

March oat futures closed Friday at 219.0, up 5.6¢ for the week.

January soybean futures closed Friday at 868.2, up 14.2¢ for the week.

grains,trading,commodities,futures,investing,finance
Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions

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