Wheat is extending strength to Thursday morning, with contracts up 4 to 7 cents across the three markets. The wheat complex rallied on Wednesday with escalating tensions out of the Black Sea. Chicago SRW...
Corn prices are showing losses of 2 to 3 cents early on Thursday morning. Futures rallied to 3-year highs on Wednesday with contracts closing 10 to 13 ½ cents higher. Open interest was down 5,593 contracts...
Soybeans are showing 4 to 5 cent losses so far on Thursday. Futures posted gains of 20 to 28 ½ cents across most contracts at the Wednesday close, with meal gaining some steam. Open interest was up 12,091...
WALSH PURE SPREADER - Pure Hedge Division
The wheat complex rallied on Wednesday with escalating tensions out of the Black Sea. Chicago SRW contracts were up the 45 cent limit in the front months and other contracts up 26 to 44 cents. KC HRW futures...
Corn futures rallied to 3 year highs on Wednesday with contracts closing 10 to 13 ½ cents higher. Spillover strength in wheat and supply concerns over the US crop have both been supportive. The CmdtyView...
Soybeans posted gains of 20 to 28 ½ cents across most contracts at the Wednesday close, with meal gaining some steam. The cmdtyView national average Cash Bean price was up 28 1/2 cents at $12.30 3/4....
Meal Still Discount
Wheat futures did the heavy lifting in Wednesday's trade, with corn and soybeans adding on to recent gains.
Soybeans are trading with 20 to 21 cent gains at midday. The cmdtyView national average Cash Bean price is up 21 cents at $12.22 1/2. Soymeal futures are $6.90 to $7.90 higher so far on the day, with...