rounded corner
rounded corner
top border

Watching Grains


Bookmark and Share

We are watching the price action in the grains this week, since May options expire Friday. We have seen these expiration days mark an extreme in price followed by a reversal in the trend. The EIA (Energy Information Agency) will release their weekly inventory reports on Wednesday morning. Traders will be quick to adjust demand models, which could impact deferred months. Two charts we are watching closely are Ethanol and RBOB. Those contracts have not made new contract lows like the crude oil. If they do, then how will corn react?

For more in-depth analysis or to sign-up for a free 30-Day Market Pack trial please visit our website.


Kluis Commodity Advisors is a trade name used by the Wedbush Futures division of Wedbush Securities Inc. ("Wedbush"). Wedbush is a futures commission merchant and registered broker-dealer, member FINRA/SIPC. Futures customers should be aware that futures accounts, including options on futures, are not protected under the Securities Investor Protection Act. Past performance is not necessarily indicative of future results. Because the risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. Comments contained in these materials are not intended to be a solicitation to buy or sell any commodities.



Recent articles from this author



About the author


Kluis Commodity Advisors (KCA) is a full-service broker with a combined 70 years of experience in the agricultural hedging business, assisting producers and processors with their grain marketing and risk management needs.

Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on InsideFutures.com is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Barchart.com. Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. InsideFutures.com is not a broker, nor does it have an affiliation with any broker.


Copyright ©2005-2020 InsideFutures.com, a Barchart.com product. All rights reserved.

About Us  •   Sitemap  •   Terms of Use  •   Privacy Policy