Grain Short Report

Dennis EichGeneral Commentary

Today the grains were weak as were most of the commodities. .  The bases in the grains should begin to decline as a weather premium begins. This usually occurs  once the crop has been planted. The supplies look plentiful worldwide. And if the weather is good for the growing season  the grain supplies should be plentiful in America as well as in  world supplies.  The only other supporting point for the grain crop other than  the weather, would be  the dollar. We will be following the dollar and will send a report on the dollar in the next report. . Here is the chart we have to follow concerning the dollar .  Is the bond chart leading the way for the dollar?  Only time will tell and here is the most important  chart I believe now concerning  grains the dollar chart.Inline image 2

Dennis Eich

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