This was a good week for the grains as they all moved up as I expected. The Indicators are still looking strong but keep your stops close and be careful of any retracement or sideways movement.

Chicago wheat futures moved up nicely. There is a little resistance right now and a small possibility of retracement or sideways movement but the indicators are strong and the trend should be up.

Corn futures stalled a little early on this week after a good two week rally but then rallied again later in the week. Corn still looks good but watch for any retracement and protect yourself.

Oat futures stalled most of last week but jumped up on Friday. Oats still have potential, but the move doesn’t look like it will have the volatility the other grains do. Still keep your stops placed.

Soybean futures moved up nicely too. Soybeans are around some resisitance but the indicators are still looking good too but just keep your stops close as always.

March Chicago wheat futures closed Friday at 599.2, up 36¢ for the week.

March corn futures closed Friday at 412.2, up 31.6¢ for the week.

March oat Futures closed Friday at 231.0, up 12¢ for the week.

March soybean futures closed Friday at 956.4¢ Changing from January beans.

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions