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.
GrainTV went live this morning for the market open, with grains continuing overnight selling into the day session. At the time of this post, we see December corn down 2, November beans down 12 and wheat hanging in there, down 1 to unchanged. This morning on GrainTV, analysts take a look at the dollar index chart and the implications dollar strength will have for the grains moving forward. Our analysts also look out to 2013 contracts and discuss pricing grain now or letting the market ride. Tune in to this morning's broadcast for a full breakdown of these and other issues.
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