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.
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...
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...
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.
