The grains have been experiencing higher volatility which has invited FOMO, or the Fear Of Missing Out into the market. The volatility is likely to continue; whether you’re a speculator or hedger, this are some things you should be watching as we look to round out the week. ... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.