Technical Analysis of the wheat market assisting traders and grain farmers with marketing.
No video this evening, but there is a free issue of Jim's newsletter for any barchart.com visitors who are newcomers to BestWeather's reports
Wheat futures are as much as 20 cents per bushel lower across the 3 US markets. French Milling Wheat Futures kicked off the bear parade overnight and were down for the 6th consecutive session. Chicago...
The corn market settled 1 to 3 cents higher on Monday, cautiously awaiting the weekly crop progress and conditions report, and positioning for Wednesday’s WASDE estimates. Trade ideas for this afternoon’s...
Soybeans settled ½ to 9 cents higher on the first market day of the week. July worked higher throughout the day, while new crop November saw some profit taking in the last 50 minutes of the trading session....
I don't think the corn belt classic brought the stupendous prices most expected. The futures big gains and seemingly none in the cash markets leads me to believe that simply some divergence took place...
Corn and soybeans were firm to start the week but wheat futures continued to slide lower marking the ninth consecutive day of losses, the longest streak since 2015.
Crop Progress - 2024-06-10