Sunday, July 18, 2010

Grain Market Update, July 18, 2010.

Since the first week of July Corn, Soybeans, and wheat futures prices have all significantly increased. December 2010 corn futures reached contract lows before rebounding $0.62 (or 18%) to close around $4.07 on Friday, July 16, 2010. Corn futures have not been this high since the beginning of March. November 2010 soybean futures gained about $0.85 (or 9.4%) to close around $9.85 on Friday,