Grains were weak again today across the board. Only wheat closed marginally higher; wheat was already at strong support that had held firmly for the past month at $5/bushel. I am writing this post so that I can refer to it in future years. This phenomenon of grains liquidating in anticipation of the USDA report is something that I can anticipate in future years.Monday, March 30, 2009
Traders Liquidating Grains in Anticipation of USDA Report Tomorrow
Grains were weak again today across the board. Only wheat closed marginally higher; wheat was already at strong support that had held firmly for the past month at $5/bushel. I am writing this post so that I can refer to it in future years. This phenomenon of grains liquidating in anticipation of the USDA report is something that I can anticipate in future years.
