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Grain markets made new highs in yesterday's trade but are softer in the early morning trade. Is a longer term top in, or is this just a healthy pullback?
The wheat complex fell off the early session highs on Wednesday, as month end profit taking got off to a day early start. Chicago SRW futures were down fractionally to 6 ¾ cents, with deferreds up ¼...
Corn futures held on to gains on Wednesday, despite pulling off early highs. Most nearby contracts were fractionally to 2 ½ cents higher, with a few deferreds steady to fractionally lower. The CmdtyView...
Soybeans rounded out the Wednesday trade with most contracts up 2 ¼ to 9 ¼ cents, led by the old crop contracts. Some back months were fractionally to 2 cents lower. The cmdtyView national average Cash...
There are multiple abnormalities taking place within the industry that are expected to continue to reshape it.
The wheat complex is holding higher on Wednesday, after retreating from early highs. Chicago SRW futures are trading with 1 to 3 cent gains at midday. KC HRW futures are 7 to 8 cents in the green on Wednesday....
Corn futures are trading with contracts fractionally to 1 ¼ cents higher at midday on Wednesday. The CmdtyView national average Cash Corn price is up 1 cent at $4.33 1/4. EIA’s weekly report showed...
Soybeans are posting 3 to 8 cent gains in the front months on Wednesday. The cmdtyView national average Cash Bean price is up 8 1/4 cents at $11.23 1/4. Soymeal futures are down $3.70 to $6.40 across the...
Corn price action is up 1 to 2 ½ cents in the front months early on Wednesday. Futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is...
