Question

what patterns do you see with corn,beans, and wheat futures contracts focusing on major events such as droughts and recent trade wars with china.

Answer 1

Explanation :-

Grain future contract to work on weaker section as market has started moving down due to tension between U.S and China.

Grain futures contracts has started showing loss after the announcement by President Trump on esclation of custom rates on imported goods from China.

The U.S corn futures, soybean future, wheat futures has started moving towards weaker section after the indication of trade war between China and U.S.

There will be an improvement in position of grain future contracts only when there will be talks between the representatives of China and U.S.

When both the countries will negotiate and work together to ease the tensions between both the countries.

Only after these steps will be taken, there will be rise in grain future contracts in stock market.