The wheat, corn and soybeans all closed higher today despite dollar strength. Obviously the weather forecast for South America played a large role in the trade today. Trading volume today was very low so this played notable role in trading as well. Here is a direct link to the South American Weather Update, which I posted earlier this afternoon.
Contract | Commodity | Last | Change |
Jan 2012 | Soybeans | $11.3700 | 0.0700 |
March 2012 | Corn | $6.0100 | 0.1800 |
March 2012 | Wheat | $5.9975 | 0.1600 |
Posted in: Commodity Spotlight, Videos
Posted on December 19, 2011