The grains gapped up Friday, all except rice, which still moved up. Wheat was the only one really showing indications of moving up but I was afraid of the price action of the others, that’s why I was saying to be careful. The grains seem to be moving in unison with each other, they don’t always do that. We could be in for higher prices, but the gaps may try to get filled. There’s a lot of volatility so I would wait for some follow through action before doing anything.

March Chicago wheat closed at 479.4

March corn closed at 396.4

March oats closed at 272.2

March soybeans closed at 716.4

March rough rice closed at 10.735

grain, trading, commodities, investing, markets

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

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