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Strategies & Market Trends : Grain Futures Trading

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To: nicewatch who wrote (214)	11/21/1998 11:48:00 PM
From: wiley murray	Read Replies (1) of 645

Frank:Another beans commentary. SOYBEAN AND MEAL/OIL Stewart-Peterson Trader, a service of Stewart-Peterson, Inc. Phone: 1-800-334-9779, ext. 126 4:00 p.m. Update November 20, 1998 SOYBEANS: Soybean futures finished moderately weaker. Even with a strong weekly NOPA crush figure of 32.47 million bushels, beans were unable to trade on the positive side. Today's crush figure was over 500,000 bushels more than last week's. Ideas that rains will be widespread in South America over the weekend pressured trade. The January contract currently has a double top at 5.88. For the week, beans gained about 3 cents.

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