December corn futures rose to the highest price since late June and soybeans and wheat also rose amid concern over dry weather. Why did corn prices surge? Several bullish factors are at play, says Joe Vaclavik, president of Standard Grain. Those include: 1. Lower crop condition ratings. As of Aug. 21, USDA estimates 55% of the U.S. corn crop is in good-to-excellent condition. That’s down two percentage points from last week and five percent...
Maggie Tucker
:
Buy Low, Sell High -go Long Contract if prices going up or Call Options if Purchasing Options if price is Going Up. Or if Price is Going Down - You would Short the Contract or if Purchasing Options you would get a Put Option. Always get a Contract Farther Enough Out on Expiration Date so You Don't Actually Have To Take Delivery of the Product. On Options You Don't Want them to Expire Worthless. Hope This Helps
genesis : how do I play futures on corn newbie
Maggie Tucker : Buy Low, Sell High -go Long Contract if prices going up or Call Options if Purchasing Options if price is Going Up. Or if Price is Going Down - You would Short the Contract or if Purchasing Options you would get a Put Option. Always get a Contract Farther Enough Out on Expiration Date so You Don't Actually Have To Take Delivery of the Product. On Options You Don't Want them to Expire Worthless. Hope This Helps