Yesterday’s Crop Progress report showed planting in the U.S. ahead of analyst expectations which pressure prices in the overnight trade. Will support hold?
Soybeans are posting 7 to 12 cent lower trade on Tuesday morning. They ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton...
Corn prices are trading 2 to 4 cents lower this Tuesday morning. Futures were rallying out of the 8:30 am CDT gate on Monday morning, with strength across the wheat complex helping out. Corn posted gains...
The wheat complex is trading sightly lower this morning after starting off the week with a huge Monday rally. Chicago contracts closed the Monday session with 16 ½ to 37 ½ cent gains. Kansas City futures...
You only have to look at the chart below to see how well the market adheres to the Fibonacci retracements.
Corn futures were rallying out of the 8:30 am CDT gates this morning, with strength across the wheat helping out. Contracts closed with gains of 2 to 8 ½ cents across the board. The Monday afternoon...
Soybeans ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton gains across most contracts. Soy Oil helped the product...
The wheat complex started off the week with a rally. Chicago contracts closed the Monday session with 16 ½ to 37 ½ cent gains. Kansas City futures were in rally mode, as gains of 18 ¾ to 35 ¼ cents...
Rationing was stepped up last week as packers cut the slaughter pace again, sending boxes to over $314.00 as of mid-day today. Rationing will continue until more cattle are made available to produce...