Global Capital Reserves: Grains Reach New Highs, But Can't Hold Them

Wednesday, May 20, 2009

Grains Reach New Highs, But Can't Hold Them

Strange trading, because while corn, wheat, and soybeans all reached new 2009 highs today, they immediately backtracked and fell from those highs. All three grains closed modestly higher.

S Benard at 3:48 PM

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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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