Global Capital Reserves: Grains Slashed In Sympathy to Crude Oil

Wednesday, December 17, 2008

Grains Slashed In Sympathy to Crude Oil

Grain prices have been slashed this morning at the open in sympathy to the drop in crude oil prices. Corn, wheat, and soybean prices have also sold off in early trading. I would be very surprised if prices don't recover and move higher.

S Benard at 9:39 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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