Grain Rally will Provide Selling Opportunities
Grain Rally will Provide Selling Opportunities according to Oliver Sloup of Blue Line Futures.
Oliver Sloup, Vice President of Blue Line Futures sits down with Blake Morrow do discuss the commodities market. Since the last time Oliver was interviewed, he had expressed his desire for “wheat to rally in 2022 so he could sell it!” and that is exactly what happened. However, the rally was as a result of the Ukraine invasion, so he talks about how he managed the rally in the wheat market.
Oliver also looks at Corn, and the difference between the May and December contracts.
Oliver also talks about Crude oil and the support at the $97 level and where he would be a buyer.
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