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December 2, 2008 4:15:46 AM EST

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Featured Article

The Same Factors Remain In Place For Wheat

Recent price action has been somewhat encouraging to the bull camp. Wheat has not put in new lows, in fact the market has shown decent support at times. The market very seldom trades on its own merits and continues to lack direction. Volatility has come down. I expect to see volatility come down more as the holidays approach. Wheat remains in a defensive posture. While the futures price, ideas about current and future supplies, and to some extent current demand change, the key factors associated with these prices have not changed a great deal. Read the full article.

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Desc Last Change (%)
S&P 500 816.21 0.00 (0.00%)
S&P E-Minis 820.00 4.25 (0.52%)
Dow 8,139.00 -682.00 (-7.73%)
Nasdaq 100 1,104.25 9.75 (0.89%)
T-Bonds 131'20.0 3'02.0 (2.38%)
5 Yr T-Note 120'15.2 1'04.2 (0.95%)
Gold 763.20 -11.40 (-1.47%)
Crude Oil 47.94 -1.34 (-2.72%)
Nat Gas 6.50 -0.104 (-1.57%)
Corn 332'6 -16'6 (-4.79%)
Live Cattle 85.45 -1.925 (-2.20%)

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