I am not that big on fundamental analysis but I found a couple of reports on the internet that sound pretty good.

I only advise you to verify anything that has to do with “fundamental analysis” with technical analysis. I have found that the more secure trade follows technical analysis.

I found two good documents on the internet. I have one below that you can read. I tried to contact someone about the other document which was “World Agricultural Supply and Demand Estimates” by the United States Department of Agriculture to see if I could distribute it but never got any response so I will just give you a link to a couple of websites where they have more crop reports you can read.

You can left-click the link to read the PDF online, or right-click the link to download the document.

Click the other links to visit the sites

The-State-Of-Agricultural-Commodity-Markets.pdf

http://www.usda.gov/oce/commodity/wasde/
http://usda.mannlib.cornell.edu/

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

The grain futures markets held steady for the most part last week. Some of them dropped a little but they appear to be building up some pressure to do something.

I think the breakout will be upwards, but that is kind of a speculative call because the daily ranges of most of the grains have been small. Small daily trading ranges don’t last very long and we may see some more volatility in the grains soon.

That is good for option players though because option prices usually increase when volatility increases.

Just remember that taking any definite positions right now is kind of speculative because the indicators are kind of in an in-between position.

You will make more money if you are right on a specific call but if you are more of a prudent(sensible) trader please cover yourself with a straddle, opposing option or something similar to buying a put and a call and selling the one that is opposite of the breakout.

Whatever you do you should get involved but keep your stops placed.

Chicago wheat futures dropped some last week but the price action appears to be indicating a move up.

Corn futures have been trading tight but the price action is indicating a move up soon.

Oat futures dropped last week but appear to be hitting support and the price action looks like a potential move up also.

Soybean futures appear to be acting the same, just keep your stops set.

Rough rice futures look like they may break up too but I would keep my stops close with rice since it has made some big gains lately.

March Chicago wheat futures closed Friday at 569.6, down 11¢ from last Friday.

March corn futures closed Friday at 413.4, up 6.4¢ from last Friday.

March oat futures closed Friday at 268.4, down 3¢ from last Friday.

January Soybean futures closed Friday at 1053.0, up 7¢ from last Friday.

January rough rice futures closed Friday at 15.400, up .230¢ from last Friday.

p.s. I will be releasing my e-book on my trading techniques soon. It will be low cost because there are a lot of new traders who can’t afford $500 or more for a system or have already spent a lot and not found what they needed and I was there in the beginning too, so if you like the way I trade stay in touch and I will do whatever I can for you.

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

There’s not a lot of changes to report yet so this won’t be a long post. I thought something may happen to give a confirmation today but that hasn’t happened so we’ll have to watch things closely. If the trend is strong enough the grains may break through this resistance but the indicators do seem to be trending down some so keep your stops placed.

Chicago wheat futures jumped up another 40¢ or so during last week but hit resistance and fell back about half of that. Wheat is hitting some resistance so keep a close stop.

Corn futures have made a small trend up these last few weeks but corn is also hitting some resistance so keep your stops close.

Oat futures moved down some last week and although oats are near some support, the indicators aren’t looking so good for another move up. The rally may be over in oats so keep a close stop.

Soybean futures appear to have moved up above resistance so that may be a good sign for another move up this week but watch closely in case the other grains move down and keep a close stop.

Rough rice futures moved back up to resistance last week but rice may also make a retracement so keep a close stop.

March Chicago wheat futures closed Friday at 580.6¢

March corn futures closed Friday at 407.0¢

March oat futures closed Friday at 271.4¢

January soybean futures closed Friday at 1046.0¢

January rough rice futures closed Friday at 15.170¢

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