Just a quick update since not much has changed since my last post. The grain futures are still holding like I thought and we’ll have to give them a little time to make their move. They do appear to be doing good this week.

Chicago wheat futures did make a little drop early last week but made it up later in the week and appears to still be going strong.

Corn futures dropped a little early on last week too but also made it back later in the week.

Oat futures trended down slightly last week but didn’t break support and they still seem strong.

Soybean futures pretty much held steady last week and still appear to be strong.

Rough rice futures held pretty steady too last week except for one down day which again was made up quickly.

Overall the indicators still seem strong but always keep your stops placed.

May Chicago wheat futures closed Friday at 527.0, up 5.6¢ from last Friday

May corn futures closed Friday at 361.4, up 2.4¢ from last Friday

May oat futures closed Friday at 182.6, down 11.4¢ from last Friday

May soybean futures closed Friday at 8.670, down .050¢ from last Friday

May rough rice futures closed Friday at 12.330, down .480¢ from last Friday

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions