A Sea of Red in the Grain Markets

Farm Journal logo

Oliver Sloup recaps this week's grain trade in his weekly video for CME Group.  Be sure to sign up for a free trial (click below!) of our daily fundamental and technical commentary to get our full outlook!

 


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

 

#Corn #Soybeans #Wheat #Futures #Options #Hedging #Hedge #trading #trade #agriculture #Farming #Grainmarkets #commodities #commodity #technicalanalysis

Tags

 

Latest News

Beijing Cautiously Preparing Retaliatory Sanctions Against United States
Beijing Cautiously Preparing Retaliatory Sanctions Against United States

As the U.S. escalates economic sanctions against China, Beijing is preparing its retaliatory measures while cautiously considering the potential economic repercussions, the Wall Street Journal reports.

AgDay Markets Now: DuWayne Bosse Discusses if Grain Markets Can Continue to Rally
AgDay Markets Now: DuWayne Bosse Discusses if Grain Markets Can Continue to Rally

DuWayne Bosse, Bolt Marketing, says wheat continues to pull corn and soybeans higher triggering short covering by the funds. Whether it's the start of a bigger rally is yet to be determined.

How Many Interest Rate Cuts Will We See in 2024?
How Many Interest Rate Cuts Will We See in 2024?

Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.

Mistrial Declared in Arizona Rancher’s Murder Trial
Mistrial Declared in Arizona Rancher’s Murder Trial

A lone juror stood between rancher George Kelly and innocent. “It is what it is, and it will be what it will be. Let me go home, okay?”

Renewable Diesel Facility to Run on Alberta Canola
Renewable Diesel Facility to Run on Alberta Canola

The Imperial Strathcona Refinery in Alberta is receiving a 12% tax credit for its $720 million under-construction canola-based renewable diesel facility.

Grains Rally a Third Day: Can Wheat Continue to Lead and Force a Bigger Rally in Corn and Beans?
Grains Rally a Third Day: Can Wheat Continue to Lead and Force a Bigger Rally in Corn and Beans?

Grains end higher for a third day on speculative short covering and corrective buying. DuWayne Bosse, Bolt Marketing, says wheat is also putting in risk premium. Can it continue to lead row crops higher?