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Jim Wyckoff

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Grain Markets Are Heating Up!

April 30, 2018 by Jim Wyckoff

The grain futures markets have come back to life recently. World supply and demand fundamentals are tilted in favor of the corn and soybean market bulls, while the wheat market is being supported by a severely drought-damaged hard red winter crop in the U.S. plains states. Importantly, it appears that speculative money from the big traders (called “funds”) is starting to flow back into the grain markets on the long side. And on top of that we are just into the planting and growing season for U.S. corn and soybeans. All of the above add up to what will likely be very active grain markets for the next few months. Check out my daily reports for those early clues on bigger price moves and potential price trend changes in the grains, and other markets. Stay tuned!

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

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Disclaimer

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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