The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Grain TV is a daily recap after the market close, providing opinions on fundamental analysis of market direction, influences and expectations. This daily program is produced by Grain Hedge, a discount brokerage firm that provides farmers and elevators with agricultural intelligence including live market quotes, cash bid data, the Grain Hedge Optimizer™ and mobile trading platforms, all for $7 commission per side. Grain Hedge provides tools to allow farmers the ability to trade when the markets move without having to wait for a broker and the information to execute a marketing strategy with confidence.
The grain markets headed lower with soybeans being the leader losing 22 1/2 cents on the day. After the close today, the Fed made an announcement that their bond buying program will slow by $10 billion a month. The dollar index traded a wide range ultimately ending higher on the day. We'll have to wait to see the effect on commodities. Ethanol and export sales are discussed too. Visit us at GrainHedge.com to get mobile trading on your mobile phone or tablet.
THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR FULL RISK DISCLOSURE AT WWW.GRAINHEDGE.COM
No comments have been posted to this Blog Post