It didn't take long for traders to void the one of few rules of the Elliott Wave.
Corn futures extending the pullback into the end of the year, with contracts down 1 to 2 cents at Tuesday’s midday. The CmdtyView national average Cash Corn price is down another 1 3/4 cents at $3.97...
Soybeans are showing steady trade on Tuesday, with January down 1 ¼ cents. The cmdtyView national average Cash Bean price is 1/4 cent lower at $9.80 1/2. Soymeal futures are down 40 cents to $2.20/ton....
The wheat market is showing losses across the winter wheats at midday, with spring wheat slightly higher. Chicago SRW futures are 1 to 2 cents lower at midday. KC HRW futures are down 4 to 5 cents on Tuesday....
Man, 2025 was a wild ride in commodities. Prices were down 7% overall per the World Bank, thanks to weak growth, oversupply, and all those tariff/election headaches. But hey, not total doom... precious...
Corn price action us showing steady trade on Tuesday, with contracts within ½ cent of unchanged. Futures posted 7 to 8 cent losses on Monday, after seeing strength around last week holiday on thin trade....
Soybeans are trading with 3 to 4 cent gains so far on Tuesday. Futures saw 9 to 10 cent losses in the front months on Monday. Open interest was down 15,996 contracts on Monday, most of which was in January...
Wheat is trading with mixed action, as winter wheats are stronger. The wheat complex saw mixed Monday action, with winter wheats lower and spring wheat steady. Chicago SRW futures were 5 to 6 cents lower...
Our Soybean idea from November is on track. We provide market analysis for farmers and traders.
It was another busy night in the Metals sector, driven by more of the same comments and activities on the global stage.