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Jim Wyckoff

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Bull run in grain markets rolls on

February 4, 2021 by Jim Wyckoff

The bull market run in the grains rolls on as prices this week have hit a new contract and seven-year high. There are no strong, early clues that the bull market in corn will end anytime soon. Prices are presently at high levels only seen three other times in futures trading history. Two of those times saw steep V-top reversals to end the bull move. However, the other time saw corn prices trade at lofty levels for four years–from 2008-2012. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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