--- title: Grain Market Chatter Closing Comments11/30/2015 description: Daily grain market chatter for corn, soybeans, and wheat from Craig Haugaard the grain marketing specialist image: https://blog.cashcowfarmer.com/hubfs/Craig/fuelvolumes11.30.15.png --- ### About Us CashCow helps all farmers manage and market their grain. 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The 2016 implied demand is way aggressive by the EPA, virtually taking the US out of the export market with forecasts of forcing domestic usage above the stubborn blend wall.  RINs are probably going to spike as reality bumps into EPA expectations. ![Grain Markets Final Fuel Volumes](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/fuelvolumes11.30.15.png?width=414&name=fuelvolumes11.30.15.png "Grain Markets Final Fuel Volumes") Weekly exports were 12 million bushels vs. 30 last year. Technically, all three indicators are bullish the March.  Nearby support continues to hold at $3.64.  Now that the bid has changed to the March, my selling targets are $3.70, $3.77, $3.80 and $3.84.  ![Grain Markets Corn Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/corn11.30.15.png?width=1024&name=corn11.30.15.png "Grain Markets Corn Futures Chart") **Soybeans:** Talk the new Argentine Ag Policy may not be as bearish as first thought added support today.  Northern Brazil is starting to trend drier than normal, which helps US markets and then we have the funds that are shorter than anticipated. Weekly exports were 67 million bushels vs. 75 last year. Technically, all three indicators are bullish the March futures.  The stochastics; however, are quickly approaching oversold.  Nearby support $8.64 held throughout today’s session.  Today’s price action changes my targets to $8.85, $8.94 and $9.05 on the high side.   ![Grain Markets Soybean Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/soybean11.30.15.png?width=1024&name=soybean11.30.15.png "Grain Markets Soybean Futures Chart")     **Wheat:** Minneapolis and Kansas markets rallied today on spread action.  While better global weather, especially in the US and Russia added resistance.  Some talk Russia will limit imports to Turkey. Weekly exports 10 million bushels vs. 10 million last year. Technically, all three indicators are bullish the March Minneapolis futures   Nearby support holds at $5.00.  My selling targets are now $5.13 $5.20, $5.27 and $5.34.  If we can sustain a rally here we need to be ready to make some sales at $5.00 cash wheat.  ![Grain Markets Wheat Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/wheat11.30.15.png?width=1024&name=wheat11.30.15.png "Grain Markets Wheat Futures Chart")   [![Try Cash Cow Farmer Free for 30 Days](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/462749/0306a5af-1261-4f76-be19-2a4dc4695dfb.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/462749/0306a5af-1261-4f76-be19-2a4dc4695dfb) Top Trending Reads: 1. [S.D. farmboy turned investment banker creates farm management program](https://info.cashcowfarmer.com/blog/s.d.-farmboy-turned-investment-banker-creates-farm-management-program) 2. 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