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KCBT
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Hard Red Wheat Pit Dec '12 (KWZ12)
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In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.
The wheat complex is showing mixed trade on Friday. Chicago SRW contracts are fractionally mixed on Friday. KC HRW futures are 2 to 3 cents higher at midday. MPLS spring wheat is showing mixed trade, fractionally...
Corn futures are up 1 to 2 cents across the front months on Friday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.81. Export Sales data now has the old crop export commitment...
Soybeans are trading with 1 to 2 cent losses at Friday’s midday. The cmdtyView national average Cash Bean price is down a penny at $10.60 1/2. Soymeal futures are mixed, down a 20 cents to a dime higher...
Soybeans are trading with 1 to 2 cent lower action early on Friday. Futures closed Thursday with fractional to 8 cent losses. Open interest wa sup just 2,894 contracts. The cmdtyView national average...
Wheat is trading with contracts down 1 to 4 cents across most contracts. The wheat complex posted marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW was the weak spot,...
Corn prices are down ½ to 1 ½ cents so far on Friday morning. Futures closed Thursday with losses of 7 to 10 ½ cents across most contracts, as increased supplies on USDA’s balance sheets added pressure....
Friday morning in the commodity complex looks to be a classic case of doing the same thing over and over again and expecting different results.
We look at Corn's Head and Shoulder's pattern and the measured move price target of 3 dollars per bushel
