Grain Markest Test Technical Resistance

Grain markets have been able to stage a nice little rally recently, is there more upside left or will the rally fizzle out?

https://bluelinefutures.com/2024/04/25/grain-markest-test-technical-resistance/

Enjoy the benefits of Blue Line Futures

Open an account with Blue Line Futures and you will gain access to our daily commodity commentary, free desktop/mobile trading platforms, 24-hour trade desk, and more!

Open a trading Account with Blue Line Futures

Email info@Bluelinefutures.com or call 312-278-0500 with any questions -- our trade desk is here to help with anything on the board!

Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Blue Line Futures is a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition.

With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third party application. Blue Line Futures employees use only firm authorized email addresses and phone numbers. If you are contacted by any person and want to confirm identity please reach out to us at info@bluelinefutures.com or call us at 312- 278-0500

AgWeb-Logo crop
Related Stories
Despite widespread concerns over summer weather damage, USDA’s September WASDE corn yield came in almost exactly where the trade expected, which left stocks-to-use, not yield, as the number driving the market.
Randy Martinson with Martinson Ag says soybeans were back higher on Thursday with more confirmed soybean export business as China bought another 10 million bu. and unknown destinations accounted for 8 million bu.
Vince Boddicker with Farmers Trading Company says the market disregarded flash export sales for corn and soybeans and instead funds took some profits after a sizable rally staged in August and early September and before the WASDE.
Read Next
Recent university studies find that corn kernels usually hold their weight through the dry-down process while pinpointing the operational realities that lead to missing grain.
Get News Daily
Get Market Alerts
Get News & Markets App