The corn market closed mixed as Dec continues to lose open interest for deliveries. The more active contracts rallied a nickel from their lows and closed with 2 to 2 ½ cent gains. The March contract’s...
Front month wheat futures were 1.7% to 4.4% higher on the day, led by the December HRW contract. Open interest in the Dec contracts is falling ahead of First Notice Day. At the close HRW futures were 16...
Soybeans initially started the midweek session with weakness, but rallied back to close fractionally mixed. Jan futures stayed in a 15 cent range on the day. Soymeal futures were near their lows for the...
Funds Amid China Rumors
The blaming of others, and excuses for not managing risk, continues to be rampant. Regardless of which fallacy you subscribe to, and there are a lot, this is a market and markets can be irrational, and...
The products are trading lower through midday, with a mixed soybean board. Beans are 2c higher in the Jan and fractionally mixed through July. The new crop beans are fractionally to 1 ½ cents red at midday....
Midday wheat futures are rallying after the export interest. CBoT prices are 12 to 13 cents in the black. KC prices are 18 to 19 ½ cents stronger. Midday MGE prices are up by 14 ½ cents. The Minneapolis...
Dec corn prices are down by 1 ¾ cents through midday, being left behind as OI drops ahead of the delivery process. The other contracts are UNCH to 1 ¾ cents in the black. Preliminary open interest saw...
A deep dive into the technical and Proprietary Levels in Coffee, Cocoa, Sugar, and Cotton.
Soybean and wheat futures were leaders yesterday and so far this morning, that rings true again. Will that strength help pull corn higher?