Happy Halloween

Please take note weekend comments will be every other weekend starting in Nov posted on the website. I will be still making comments but only if I have your email will you receive them every weekend. So send me your email to add to the list.

Monday 31st
Last Trading Day Oct. Cattle
MX. wants non GMO corn. More details must be followed
Grain Corridor due to expire around Nov. 19th (Ukraine/Russia)
BUT Russia suspends agreement now.(Sat.) 

Grains should open Higher tonight (Sunday opening cuz of the suspension)

Dec. Corn IMHO range
Sup: 673-671 and 667-663.50 then
100 day ma. 654.50 and 200 day ma. 659.50
Res: 687 and 696.50 and 702 then 714-716
Dec. corn has only been in a 4 week range of 35 cents
We are still World’s expensive product


Jan Beans IMHO range
Sup: 1387-1380.50 then 1366-1364 and then 1345
Res: 1407-1409  50 day ma 1418.50 the 100 day ma 1423 and 200 day 1440

Dec. Wheat IMHO range
Sup: 822-812 then 808
Res: 10 day ma 843 and 20 day 843.50 and 50 day 855.50 then 873 and 880.50-885

Just a thought
IF  Nov. 8th elections have the “RED Wave” winners is that going to be Bearish grains bullish Dow?? 

Be Safe (Lost a good friend during the week  to a farm accident)

Scott Capinegro
Branch Office of HighGround Trading