GRAINS: 11/11/09  Higher closes yesterday for Minneapolis, Kansas City and Chicago wheat, rough rice, oats and corn while lower for soybeans, soymeal and soyoil off the crop production report. All of the wheat continue to show bottoming signs even after today's bearish report for wheat. Also Minneapolis wheat is still very close to a buy signal. DON'T FORGET WHEN TRADING THE GRAINS AT THIS TIME YOU MUST PAY CLOSE ATTENTION TO THE DOLLAR! The reason that I'm mentioning this now is now is because the dollar had been showing signs of bottoming and, if it does, could put a lid on grain rallies in the near future. Corn also settled higher off a bullish report now very close to a second buy signal. We'll continue looking at the dollar's weakness for guidance but there still should be a record crop being harvested and that can't be ignored. Rice closed higher making another contract high and close. Oats also settled higher with its best close since the middle of June and now close to a second buy signal. The bean complex closed lower from bearish numbers off the crop report but did rally in the last hour before selling off to close down. However, the bean complex's overall action was decent all things considered. Meal is now close to a sell signal. I am holding Buy Signals for Corn, Oats, Soybean Oil and Rice; Sell Signals for Soybeans.

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