Wheat did close weaker, but we did see new lifetime highs in soybeans and corn continued to trade higher. The upside momentum continues higher and we attached a chart on page 2 in attached PDF to try and estimate where a top could be for the powerful Z'08 contract.
After the stock market closed so weak today and we continue to see rising signs of inflation and signals of a weak U.S. economy, there is no doubt the commodity complex will be an attractive market to invest money which should continue to fuel this rally.
marketing@alchempro.com
