Wednesday, February 23, 2011

Wheat trade? Hedge? Couple Corn Market Charts

 Markets showed good life today; as most grains managed to close 30-40 cents off fo the lows.  We opened the doors to the question what recent move was a correction and where is the trend going from here.  Did the grains manage to bounce in a corrective nature or has the pressure seen recently (up until today's bounce) the correction before moving higher????

Below are a couple corn charts as well as a wheat strategy that as a producer could
 act as a re-own-re-offer type of trade.


2 comments:

  1. Good day,

    Can i refer your chart here? I am planning to post regarding wheat trade and for additional reference I will link this blog post of yours..

    I bookmarked your site in my google readers as well.

    Kind Regards,
    Terry

    ReplyDelete
  2. Yes that is fine feel free to refer to any of the information; but please keep in mind that all information is based on what we believe is accurate information; but no GTD to accurracy

    ReplyDelete