Closing Remarks

November 17, 2017

Provided by Matt Lukac, Sunrise Grain Solutions Advisor

Finally, a double digit up day in Beans.  It feels like it has been 5 months since we have seen this !  Some short covering before a dry weekend in Argentina ? along with the substantially weaker dollar this week.  This time of year usually brings some much needed volatility to the market.  The market is providing good carry in the New crop market for 2018 in both corn and beans.  This may be a good opportunity to get some starter targets in place. Dec 18 at $4.00 will be strong resistance and Nov 18 beans at $10.10 and $10.25 are my targets

Have a great Day and Thank you for your Business !

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