USDA Report Pushes Corn/Wheat Higher, Soybeans Rally Into Close.. Is This a Game Changer?
Jan 11, 2013
This afternoon on GrainTV Brock and Logan breakdown balance sheet changes by the USDA in today's crop production and supply and demand reports. Corn and wheat rallied sharply before closing a modest 10-14 cents higher, while beans sold off after the report but fought back to end the day down just 4 1/4 cents on the March contract. What does this report mean for the grains moving foward?
THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.