Grain futures markets saw price gains last week, with corn, soybeans, soybean meal, and wheat all rising. Technically bullish weekly high closes may lead to more buying interest. President Trump’s positive comments on U.S.-China relations supported market buying. U.S. corn and soybean harvesting winding down could be price-friendly. Focus shifts to global demand and South American growing seasons. US dollar weakness supports grain futures. Gold and silver markets volatile, impacting grain futures.
Read more at Yahoo Finance: Grain Bulls Are Showing Some Signs of Life. Here’s What to Watch Next.
