9-05-16
Monthly Changes
LCV -515 LHV +380 DXU +52
CZ -27.25 WZ -47.50 SX -60
Weekly Changes
LCV -475 LHV -57 DXU +30
CZ +3.50 WZ -8.25 SX -16.75
What to keep an eye on:
Dryness the next 10 days for 1/2 of Arg Wheat areas
1/2 of Ukraine Wheat seeding slowed by lack of rain
US rains. slow down harvest and help finishing beans
Yield reports everyday
US Dollar and Crude Oil
USDA report Sept 12th
Last trading day for Sept grain contracts Sept. 14th
We have RES for Dec corn 329-334
Support 325 and 321-319.
Can Dec. corn go test the Sept contract low of last
week (301) when Sept comes off? IMHO yes.
My numbers and comments have been right on lately
so I leave ya with the decision to email me or call
for more details or questions you may have.
BE Safe