weekend grain comments 8-7-16 *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

8-07-16

Weather this week warm and dry. Time will tell. we heard this before.
Friday the 12th USDA report.

MHO Dec. Corn range to watch
Res: 341-342, 346.25 then 351.352.75
Support 328.50-323.75

MHO Nov. Beans
Res: 982-983.50 the 991-999 and 1011-1017
Sup: 960.50, 956.50, 937-931

Beans have had sales the last 8 days. Demand!
Brazil could be running out of beans and corn , so
we will become the only game in town.
They may run out of corn in Jan.

Pro Farmer Tour SHOULD have a great handle on corn
this year.

Still have lower down side targets in both corn and beans
this fall. Still watching outsides, Crude oil, US Dollar.

Done for now just got over a 4 year old birthday pool party
here at our home. I'm beat.

Be safe

http://barringtoncommodities.com

Messages In This Thread

weekend grain comments 8-7-16 *LINK*

Re: weekend grain comments 8-7-16 *LINK*

Forum Policy

Return to Index Read Responses