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ICE Soybean Meal Mar '16 (JFH16)
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Taking a look at what the initial USDA figures will say and what they mean for price.
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On Saturday I joined Mike Pearson from Farm Progress on This Week in Agribusiness. We discussed the recent rally in corn, soybean, and wheat prices.
Soybeans are trading 3 to 5 cents lower in early Monday jockeying. Beans futures were up anywhere from 7 to 16 cents at the Friday close. The weekly gains totaled 37 ¾ cents for July and 26 ¼ cents for...
Sunday night market action was weaker, with futures here on Monday morning down 2 to 3 cents Corn futures closed ½ to 3 ¼ cents higher on Friday, except that in delivery May was down a nickel. July...
Futures are heading lower this Monday morning, with the hard rec contracts leading the way with double digit losses. Wheat bulls were feeling better heading into the weekend, as Friday prices were higher,...
After a brutal price sell-off to start the new year, the corn market appears to have bottomed in March. During this time, managed money traders held their most significant short position since a record...
