Grains Open Higher This Morning
Dec 13, 2011
Grains continued gains from the overnight session into the morning, at the time of this post we see corn up 7, soybeans up 7 1/2, and wheat up 12 1/2. The Dollar Index is once again trading higher this morning, and once again the bulls will be glad to see the grains trading higher in the face of this strong dollar. We are still looking for the grains to trade lower through the New Year, and this rally may be a good time for producers to hedge on the board or make some cash sales.
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