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am i seeing things?

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    #1

    am i seeing things?

    your markets page is showing wheat up by 48 cents on friday, am i hallucinating?
    is that limit up?
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    #2
    That must be the Minneapolis May futures contract. It was up 48.6 cents per bushel on Friday. Closed at $8.37/Bus. Lots of outside money has been getting invested in these markets.

    I see the normal limit is 30cents/bus. Must be some other rule I'm not aware of, in order for the 48ยข move to happen. Maybe because of the USDA report, or being a Friday, or last day of the month, or ??? Anyone know the reason?

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      #3
      Believe the CBOT grain price limits were
      all expanded a while ago.

      To my knowledge, wheat is now 60 cents/bu
      daily limit, corn is 40 cents and soybeans
      believe is 70 cents. Canola is now $45/MT
      (hope I got this right).

      This are huge daily limits . . . .

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