It appears that support held for the grains last week and appear ready to move up soon. If you are long on the grains I would hold to your positions. If you have been holding off, now may be the time or at least be ready for a confirmation move.

Wheat futures have been stable for the last couple of weeks but the indicators are looking good now for a move up.

Corn futures are making a good price action too. Not all the indicators are as strong but corn should move up soon.

Oat futures are looking pretty good. They are a little harder to read but they should move up soon.

Soybean futures are bouncing off support but not all the indicators are as strong here either. I think they should move up too but be careful, watch it close and always keep your stops placed.

Rice futures are kind of hard to read but appear like they may be calling for a move up. It may be risky though because they could drop down a little further. You may want to watch them close first before getting in and then keep a close stop.

December Chicago wheat futures closed Friday at 449.6, down 7.6¢ from last Friday.

December corn futures closed Friday at 334.0, up 16¢ from last Friday.

December oat futures closed Friday at 219.0, up 6¢ from last Friday.

November soybean futures closed Friday at 926.0, down 15¢ from last Friday.

November rough rice futures closed Friday at 13.085, 0.38¢ from last Friday.

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

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