WHEAT Wheat futures traded higher on low volume. Light delivers on July contracts offered support. Recent U.S rains has slowed US winter wheat harvest. USDA estimated harvest near 15 pct done versus 34 average. OK is 43 vs 78. KS is 5 vs 36. MO is 18 vs 51. USDA rated the crop 61 pct good/excellent vs 64 last week…
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Silver Futures–-Silver futures in the July contract is currently trading higher by 3 cents at 15.32 an ounce following gold higher this Monday afternoon in New York in a relatively quiet trading session. I’ve been recommending a bullish position from the 14.93 level and if you took that trade the stop loss has now been raised to 14.62 as an…
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Silver Futures—Silver futures settled last Friday in New York at 14.80 an ounce while currently trading at 15.32 ending the week on a sour note down about $0.13 for the day, but finishing up over 50 cents for the week as prices are near a 3 month high. I have been recommending a bullish position from around the 14.93 level…
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