Long-term Possibilities in Livestock and Grains

Posted on 03/09/2017 10:25 AM
Wheat: For the short-term trader, wheat futures are due for a few days of short-covering into a Level 3 cycle high. This may be a minor change in price as traders prepare for next week's USDA reports. Resistance for the July SRW contract is the five-day moving average near $4.77, a trendline of September/December lows near $4.79, follo...