Wheat futures acted like they could go down on Tuesday, but indicators were rising and wheat jumped up above resistance on Wednesday and went up more. They are at some resistance now but it appears wheat could go higher. Just keep your stops in place.

Corn futures did move up on Wednesday and Thursday like I thought. corn hit some resistance on Friday. If corn moves above resistance there could be more of a move up.

Oat futures moved back up like I thought. There could be some more upward movement, but I’m not too sure right now so keep a close stop.

Soybean Futures acted like they were moving down and ended up closing up a few cents for the week. The indicators are still down so I think they should start moving down soon.

Rough rice futures traded pretty much sideways last week. Rice looks like it could make a move up soon but indicators aren’t real clear, so keep your stops placed.

July Chicago wheat closed at 520.6, up 19.6¢ for the week.
July corn closed the week at 386.6, up 10.6¢ for the week.
July oats closed the week at 286.0, up 10.6¢ for the week.
July soybeans closed the week at 817.4, up 5¢ for the week.
July rough rice closed the week at 10.190, down .020¢ for the week.

grain, trading, commodities, futures, investing, markets

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

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