wheat trading

[traderTX]

Quote from Kosharie:

.60 is the limit and because it went limit bid, tomorrow it's .90

It will interesting to watch this unfold.

No sir....more than one contract month would have had to have SETTLED limit higher to get the limits expanded after day 1. Only Sep settled limit, so same 60 cent limits tomorrow. Kind of doubt that happens...feed grains couldn't muster any strength after the opening shenanigans.

 

[Kosharie]

Quote from traderTX:

No sir....more than one contract month would have had to have SETTLED limit higher to get the limits expanded after day 1. Only Sep settled limit, so same 60 cent limits tomorrow. Kind of doubt that happens...feed grains couldn't muster any strength after the opening shenanigans.

http://www.agriculture.com/news/business/cme-group-wheat-prices-closed-limit-up_5-ar7851

 

[smalls]

nice link....

limit will still be 60cents. see above post for why.

 

[traderTX]

Quote from Kosharie:

http://www.agriculture.com/news/business/cme-group-wheat-prices-closed-limit-up_5-ar7851

limits were 60 cents today....now after today if we can stay where we are now, we'll get 90 cent limits on Monday

 

[redpen]

Hi there

Im new to trading wheat, quick question to you guys

Is Wheat hard to trade? I see lately it trends really nice, is this only because of the deal we have in Russia? Or is it normally low volume?

 

[SpreadTrader01]

Super easy to trade! Thats why everyone is doing it! LOL!

By the way hard wheat (KC,Minny) calander are a buy!