Soybeans, Wheat Touch Lock Limit UP

Both soybean and wheat prices briefly touched lock limit up prices in the opening minutes of the day-time trading session today. Corn has come very close. Prices for both have contracted somewhat, with wheat being the most volatile (profitable) thus far. Soybean prices have remained relatively high, with the retracement from the lock limit price still well-supported, thus making trading difficult to impossible. Wheat, on the other hand, has shown much of the same volatility that has been its hallmark over the past few weeks' trading, with prices retracing 36 cents from the high. This volatility allows trading to continue.

Soybean Chart


Wheat Chart