After harvest estimates were reduced Friday morning by the USDA, futures for corn, wheat and soybeans immediately went limit up bid. Anyone who had sold the contracts not only lost his margin, but is now also unable to close his position and will be forced to buy at the open on Monday.
Most traders will protect their positions with stop orders that are triggered when the trade moves against them. In this case, the stop would have been triggered, but even market orders would not have been filled and traders would now be forced to carry their losses over the weekend, not knowing how much it will cost them in the end.
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