Tuesday, February 26, 2008

Wheat - Back to Lock Limit Again


Wheat prices, after retracing significantly, have rebounded to the lock limit price multiple times today. Since volatility for wheat is so much higher than any of the other grains, I am concentrating my trading almost exclusively on wheat for now. However, now that wheat prices have reached lock limit, I will trade other grains until price either retrace or the lock limit ages away this evening.