As expected, the grains have surged back. Once corn prices nearly reached limit down, all the grains recovered some of today's losses. However, I didn't expect that soybeans would show greater strength than the other grain futures. Prices haven't reached yesterday's settlement price (yet), but have erased most of today's losses.Thursday, June 19, 2008
Soybeans Surge Higher!
As expected, the grains have surged back. Once corn prices nearly reached limit down, all the grains recovered some of today's losses. However, I didn't expect that soybeans would show greater strength than the other grain futures. Prices haven't reached yesterday's settlement price (yet), but have erased most of today's losses.
