On The Money Grain Commentary 12-8-11

Corn Outlook:      Grain futures are struggling amid uncertainty surrounding the European debt crisis and poor exports.  Currently, traders are unsure which way to turn going into the EU summit meeting on Thursday-Friday.  Anxiety is high as there are fifteen countries facing a potential credit rating downgrade.  The reality is there is no quick fix[…]

China Changes the Rules, Creates Big Impact on US Markets

Overview: China unexpectedly raised their lending rate for the first time in three years by one-quarter point. This caused the dollar to soar, the Dow lose nearly 200 points, and gold to tank nearly $40 today. As a result, there was a sharp knee-jerk reaction lower the grains. Traders fear that China’s action may cool[…]