Daily US grain report: grain futures markets on fire, but for how long?
US grain futures prices were sharply higher again in overnight trading, with corn hitting another nearly 12-month high and wheat another three-month high.
29 May 2019
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Bulls in solid control. More upside likely, but accompanied by very high volatility. It could be the market tops out this week, at least for the near term. Weather markets many times play out quickly. © Jim Wyckoff
Bean bulls shift into high gear this week, amid weather market. More gains likely, but this rally will likely play out fast. © Jim Wyckoff
