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Strategies & Market Trends : Grain Futures Trading -- Ignore unavailable to you. Want to Upgrade?


To: nicewatch who wrote (235)11/23/1998 3:18:00 PM
From: MJR  Read Replies (1) | Respond to of 645
 
May corn settled today at 228 1/2. I'm in short at 229 1/2 so at least it's moving in the right direction. Can't find much support right now for prices to rise unless South America comes up with a reduction in crop size. Since I'm not expecting that I'll keep the short open and may look for a bit more that the .01-.02 I originally stated.

Looks like beans took it pretty hard today. December expiration and weekly export numbers of no help.

Regards,
Mike