After today's trading activity, what to be prepared for is the price being paid for new inventory and potentially not the support of the rest of the industry for doing such.
After reaching a 2026 high on May 13, CBOT new-crop December corn futures have turned lower, reaching a new 2026 low on June 15. Corn futures are approaching the critical technical support levels in late...
Wheat is trading with contracts lower in the winter wheat exchanges and steadier in the spring wheat. The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny...
Corn price action is showing contracts within a penny of unchanged across the nearby contracts. Futures posted losses of 1 to 2 ¾ cents in the front months, with deferred contracts steady to ¾ cent higher....
Soybeans are trading with 1 to 2 cent gains on Thursday morning. Futures faded lower into the Wednesday close, with contracts down 6 ¾ to 9 cents on the day. Open interest was down 19,147 contracts on...
Corn futures posted losses of 1 to 2 ¾ cents in the front months, with deferred contracts steady to ¾ cent higher. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.78 1/4. EIA’s...
The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny lower at the close. KC HRW futures saw nearby July down a penny, with other contracts fractionally...
Soybeans faded lower into the Wednesday close, with contracts down 6 ¾ to 9 cents on the day. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.58 1/4. Soymeal futures were up...
New Crop Hedge Idea in Corn
Be prepared. For what? I don't know, just be prepared.