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Critical trading week for the grain markets

July 6, 2021 by Jim Wyckoff

The weather market in the grain futures was revived last week with the solid gains posted. History shows that the trading period right after the Fourth of July holiday can be crucial for the grains. Prices trends can be reversed or accelerated during the early- to-mid-July timeframe, which just happens to be the most important growth period for the majority of the U.S. corn crop. How the grain futures markets close on Friday (near their weekly highs or near their weekly lows) could set the tone for the grain markets for several weeks to come. Stay tuned!

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

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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