Grain Markets

November 30, 2015 Leave a comment


Grain Markets 11/30/15 @ 11:43am
Dec Corn +6’0 @ $3.65’2
Jan Beans +8’6 @ $8.81’6

A key reversal last Monday sets the technical stage for a potential rally, but fundamentals remain negative, and without headlines to move the market.  However, funds don’t typically care about the fundamentals, just profit.  It makes sense the Thanksgiving holiday kept trade volume at bay until today.

 

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

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