In my opinion, further clues were presented at the end of the week via the unemployment report as to further weakening of the economy. Stagflation has settled in with the Fed's Powell stating this week...
I spoke about the grain market with Michelle Rook today on AgWeb's Markets Now. We also discussed the U.S. dollar and crude oil.
Coffee tumbles alongside cocoa, while Brent crude pulls back on bearish U.S. inventories data.
Corn futures are slipping of the early session strength on Friday, with contracts down 1 ½ to 3 ½ cents in the nearbys and up 1 to 2 cents in the new crop contracts. Some precip is expected to make...
Soybeans are trading the final session of the week, with contracts up 6 to 8 cents across most months, pulling back from early double digit gains. Soymeal is also pulling off the highs, with contracts...
The wheat complex is heading higher on Friday. Chicago contracts are the leaders, with gains of 17 to 20 cents across most contracts. Kansas City futures are up 13 to 15 cents on the day, so far. There...
#5 | GREETings Tuesday gave us the much-anticipated release of GREET modeling for the IRA's 40B Sustainable Aviation Fuel tax credit. Heading into Tuesday, the market was anticipating all-encompassing...
Soybeans are trading 6 to 11 cents higher to start your Friday. They got a boost from the meal value on Thursday, with bean contracts up 14 to 34 ¼ cents across the board. Flooding in southern Brazil...
Overnight action in wheat has prices trading 5 to 12 cents higher this morning, with the winter wheat contracts leading the way. Wheat bulls held their ground on Thursday, with gains across all three exchanges....
Early Friday corn prices are 4 to 5 cents higher than they went home on Thursday. Futures ended Thursday with gains of 4 ½ to 9 cents across most contracts. Weakness in the US dollar has been helpful...