Grain Market Higher On Night Session
Grain Futures--- The grain futures opened higher tonight on the night session with soybeans up 23 cents currently trading at 15.27 a bushel in the November contract while corn futures are up 1 cent in the December contract at 5.50. Wheat futures for the December contract are up 18 cents currently trading at 7.10 and what is going to be incredibly volatile trading session tomorrow and the rest of the summer in my opinion. Traders are looking ahead to the July 11th crop report which will provide short term price direction while hot temperatures across the Midwest and above average temperatures for the next week are expected, however what traders are looking for is how much rain we receive and will the hot weather continue or will it be sporadic. If you are looking for a futures broker feel free to contact Michael Seery at 800-615-7649 and he will be more than happy to help you with your trading.
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