The midday wheat market is trading sharply lower, with some contracts exploring new lows for the move. Chicago wheat prices are down 3.2% to 3.7% so far, with July sub-$6 for the first time since April...
Soybeans are down by 27 to 33 cents with losses of as much as 2.7% to start the short week. That has futures printing new lows for the move, with November contracts working at levels not seen since November...
The corn market is down by as much as 3% through Tuesday’s midday amid broad selling of energy instruments and grains in general. Chinese corn futures are also down about 7% for the year and their imports...
We kickoff the day with S&P/Case-Shiller Home Price MoM & YoY, House Price Index MoM & YoY, and House Price Index at 8:00 A.M., CB Consumer Confidence at 9:00 A.M., Dallas Fed Manufacturing Index at 9:30...
The grain markets were able to stage an impressive rally last week on the back of hot and dry forecasts into a long weekend.
Wheat prices are down by double digits in early Tuesday futures trading. Wheat settled the last trade day before Memorial Day with gains across all three classes. Chicago futures led the way with 1.7%...
Soy futures are down out of the weekend, with July beans having seen a 19c drop to the overnight low. Current prices have firmed some, but the front month bean futures are still double digits weaker. Soybean...
Corn futures are trading near their overnight lows after a fairly tight range coming back from the 3-day Weekend. Current quotes are mostly 3 cents lower, though July is only 1/4 of a cent in the red so...
An updated look at key technical levels to watch, historical trends, as well as an updated look at how Funds are positioned.
