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kenny1703 (< 20)

February 2013



Grain market relatively quiet this week

February 19, 2013 – Comments (0)

The grain market this week was relatively quiet compared to weeks past, with high volatility in soybeans in the March contract settled last Friday at 14.30 level…up about $.08 for the trading week – still trading above its 20 day moving average but below its 100 day moving average. There is no trend in sight as investors and traders are keeping an eye on South American weather, which at this point is relatively decent while we’re going into the critical growing season in the next 3 to 4 weeks.  [more]

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