Chicago wheat futures appear to have broken through resistance. Just be careful of a false breakout, wheat doesn’t look that strong. If you are long right now, stay with it, just keep your stops placed.

Corn futures started moving back up, then dropped on Friday to close the gap. Corn should find support, but keep your stops placed in case it doesn’t.

Oat futures appear to have broken up and I think they should continue the trend. Just keep your stops placed.

Soybeans started moving up again and closed above $10 on Thursday. They moved down Friday to close the gap. If you are long now, stay with it, just keep your stops set.

Rough rice futures moved up again like I thought. Stay with the longs, just keep your stops set.

December Chicago wheat closed today at 939.0, up 65¢ for the week.

December corn futures closed today at 373.0, down 3.4¢ for the week.

December oats closed today at 289.6, up 6.4¢ for the week.

November soybeans closed today at 991.2, up 12.2¢ for the week.

November rough rice closed today at 11.730, up .210¢ for the week.

grain, trading, commodities, futures, investing, markets

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