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This Week in Grain- 11/9 AM Update
Good morning friends!
Corn 351’2 -3’0
Soybeans 1007’6 -3’4
Chi Wheat 411’6 -3’4
KC Wheat 413’2 -4’2
Cotton 68.48 -.27
Grain markets were relatively quiet compared to the massive moves being seen in the bond and equity markets. The markets knew the result of this thing at 8 pm central last night. My comments are in audio form today as I don’t have a ton of time to write. The main event for the grain markets is only a few hours away, WASDE comes out at 11 AM. If you are new to trading I would stay out of the fray today, I imagine we are going to see wild swings both ways in all of the markets on the board.
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By Daniels TradingGood morning friends!
Corn 351’2 -3’0
Soybeans 1007’6 -3’4
Chi Wheat 411’6 -3’4
KC Wheat 413’2 -4’2
Cotton 68.48 -.27
Grain markets were relatively quiet compared to the massive moves being seen in the bond and equity markets. The markets knew the result of this thing at 8 pm central last night. My comments are in audio form today as I don’t have a ton of time to write. The main event for the grain markets is only a few hours away, WASDE comes out at 11 AM. If you are new to trading I would stay out of the fray today, I imagine we are going to see wild swings both ways in all of the markets on the board.