Thursday, December 31, 2009
Grains Close Higher On Last Trading Day Most Years
Grains are all higher today, appear to be on cusp of closing higher. This is typical for grains on the last trading day of the year. Arlan tweeted, "Soybeans settled higher on the last trading day of the year in 6 of the past 7 years. Wheat leans that way, but more mixed history. Corn settled the last trading day of the year unchanged in 2002 and settled higher the last day each year since."
Labels:
grains,
seasonal trading