Value Areas
Steve Bruce of Walsh Trading - - Thu Jul 12, 8:32AM CDT

Grains have slipped into value areas where commercials will be happy to take coverage.....We'll need a change in the weather which is close to perfect in the 6 to 14 day forecasts and/or trade peace and agreements instead of trade wars and conflict...... USDA reports at 11 are most meaningful to wheat as surveyed yields are applied while corn and beans are still very subjective with all the figures........The lunatic fringe will have something to focus on as we enjoy a lunar eclipse visible in the southern hemisphere tomorrow....It is Friday the 13th, too! ........We expect a minor bounce in the grains and beans!

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Steve Bruce

Walsh Trading
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Walsh Trading
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