Morning Commodities Report from Allendale for August 28, 2012

Posted on August 28, 2012


Allendales Paul Georgy wrote about the possibility of corn prices topping in his AM note this morning.

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Early trading prices (per bushel unless otherwise stated)

Contract Commodity Last Change
Dec 2012 Corn $7.9575 -0.0500
Dec 2012 Wheat $8.7850 -0.0275
Nov 2012 Soybeans $17.0375 -0.1575
Sept 2012 Soybean Oil (Metric Ton) $55.4700 -0.4400
Sept 2012 Soybean Meal (Metric Ton) $528.3000 -3.5000

AM Commodities Report

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 Disclosures:

The Author of this post has a bear credit spread in Corn. Neither the author of this article or any family members own any futures contracts or options on futures in any of the other commodities mentioned in this article. For a complete disclosure of the policy on ownership of stocks/commodities written about or recommended, please see about page.

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