They say a picture is worth a thousand words so what follows is a six thousand word opening comments. The following are the seasonal charts followed by the 2012 new crop futures charts with the Fibonacci numbers drawn in.
December 19, 2011
By: Craig Haugaard, Grain Origination Manager
CORN: 2 higher
SOYBEANS: 5 higher
WHEAT: 1 higher
The information contained above was taken from sources which Wheat Growers believe to be reliable, but is not guaranteed by Wheat Growers as to accuracy or completeness and is made available for information purposes only. There is a risk of loss when trading commodity futures and options.