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Mascoutah, Illinois | We are still looking for $4.20 on the topside in December corn. Anything above $4.20 would put $4.50 in play.
We are still looking for $10.13-$10.17 in November soybeans. We closed today a nickel or so shy of $10.13. My opinion is we print $10.39 in the November contract.
I don't know if we are nearing the top because all the grains made a higher high than last week and we went out right at the highs at the close today. Monday is going to be very interesting. Get the tums and rolaids out because volatility is running wild. As Senior Citizen would say, "There was some ankle grabbing going on the last two days."
Edited by djmcountryboy 7/30/2010 21:38
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Soybeans..Can the market be wrong?
