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Soybean Futures—Soybean futures in the November contract is trading higher for the 3rd consecutive session continuing it’s bullish momentum up another 9 cents at 10.73 a bushel as there are still concerns about weather conditions in the country of Brazil which is the 2nd largest producer in the world. I have been recommending a bullish position from the 9.14 level…
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Wheat Futures—Wheat futures in the December contract is trading higher for the 4th consecutive session up another $0.02 at 6.27 a bushel as prices have hit another 5 year high as fundamentally and technically speaking this commodity remains strong. I have been recommending a bullish position from the 5.40 level and if you took that trade continue to place the…
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Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 10.65 a bushel while currently trading at 10.52 ending the week on a sour note as prices are still hovering right near a 3 year high. I have been recommending a bullish position from around the 9.14 level over the last couple of months and if you…
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