The First Grains Review in 2011
Happy New Year! Glad to meet you guys again! How was your holiday? You might have great days, I guess. Be back with our work, we will come with the first grain report in 2011 by Pitguru Matthew Pierce to collect useful information for our investment.
The Grains Review
For the week of January 3rd, 2011
Looking back at last week the markets saw a good upside move across the board in agricultural commodities with new money coming into the "hot" topic for the first quarter of 2011. Open interest was up heavily in corn on Friday starting off the year at a whopping 1.5495 million contracts This is a positive but sobering factor to many players. The overnight session saw wheat fight back against corn and beans with limited interest seen overall until the final couple minutes. All markets surged higher into the overnight close with wheat reaching 20+ higher, corn and […]
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