Volume and Open Interest, Plainly
Volume counts contracts traded in a period. Open interest counts contracts still open. Neither number is a price forecast.
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6 posts tagged "grain markets".
Volume counts contracts traded in a period. Open interest counts contracts still open. Neither number is a price forecast.
A calm way to read a grain price chart: scale, nearby month, and what a spike does not prove.
How currency moves change what buyers pay for grain, shift competition between exporters and add risk to contracts priced in dollars.
Grain prices often soften near harvest and firm later. See why, how storage costs fit in, and why seasonal patterns are not guarantees.
Futures and cash grain prices often differ. Learn why delivery months, location, quality and storage costs keep the two numbers apart.
Basis is the gap between a local cash grain price and the futures price. Learn how it is calculated, what moves it and why it matters.