Grain futures are mixed today with corn finding support at the 50-day MA

Grain futures have wheat and soybeans lower while the corn market finds technical buying interest along with concerns the corn crop is irreparable in South America.

Heartland Market Talk
Heartland Market Talk
Grain futures are mixed today with corn finding support at the 50-day MA
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In today's Heartland Market Talk, we review why corn futures are going the opposite direction of soybeans and wheat today. Soybeans are awaiting rain next week in the dry areas of Argentina which is on the opposite side of a three-day weekend. Wheat futures continue to search for buyer interest as farmers are still willing sellers in the new tax year.

Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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