Despite the high carry yield, front month Corn is much closer to its lowest level versus the highest over the past few years. Corn has broken through the declining trendline but has done so in a very...
Corn slid lower on Wednesday, as contracts closed with losses of 1 to 2 ½ cents in the nearby contracts on the day. The national average Cash Corn price from cmdtyView was down 2 cents at $4.03 1/2. The...
Soybeans rounded out the midweek session with contracts closing 7 to 8 cents in the red. CmdtyView’s national front month Cash Bean price is back down 8 cents at $9.35 3/4. Soymeal futures were $1.50...
The wheat complex closed out the Wednesday session mixed across the three exchanges. Chicago SRW futures were fractionally to 1 ¼ cents higher in the front months. KC HRW contracts were up fractionally,...
Grain markets were lower as the lack of new news has kept buyers at bay. Livestock markets came under pressure on the back of long liquidation from funds. In the outside markets, it was new all-time...
Open interest continues to be the most interesting aspect of this time frame due to a belief of significant commodity fund participation.
The wheat complex is trying to push back higher at midday of the Wednesday session. Chicago SRW futures are down 1 to 2 cents at the moment. There have yet to be any deliveries against December CBT wheat...
Soybeans bouncing off the early midday lows on Wednesday, though contracts are still down 5 to 7 cents at midday. CmdtyView’s national front month Cash Bean price is back down 6 3/4 cents at $9.36. Soymeal...
Corn bulls continue to be in the bend don’t break mindset, with futures down another 1 to 2 cents at midday. There were 111 deliveries issued against December corn futures overnight to take the total...