We’ve asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.
Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.
Grain Futures--- The grain market settled mixed this week in Chicago as traders are anticipating a major report on September 30th which is this Monday at 11 o’clock central time showing where carryover levels currently stand and the last several reports have been big price movers as carryovers fluctuate tremendously with soybeans finishing up $.03 this Friday afternoon settling at 13.20 basically unchanged for the trading week with the carryover level estimated at 125 million bushels consolidating this week after a $.70 hair cut in last week’s trade. Continue reading "Weekly Futures Recap w/Mike Seery"