/AI%20(artificial%20intelligence)/AI%20Infrastructure%20by%20FOTOGRIN%20via%20Shutterstock.jpg)
I recently sat down with CARL, Barchart's new AI market analyst, and asked it a number of familiar questions.
Soybeans are trading with 1 to 2 cent higher trade so far on Wednesday. Futures closed mixed on Tuesday, with front months steady to 1 ½ cents higher and deferreds up 1 to down 1 ¼ cents. Open interest...
Corn price action is up 1 to 2 cents across the front months on Wednesday morning. Futures were mixed on Tuesday, with nearbys through September 2027 down 1 to 2 ¼ cents lower and deferreds fractionally...
Wheat is looking at a modest recovery early on Wednesday. The wheat complex was pressure across the three markets on Tuesday, with spring wheat leading the bears. Chicago SRW contracts were 8 1/4 to 10...
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Due to very favorable growing conditions, December 2026 Corn has traded below the...
The wheat complex was pressure across the three markets on Tuesday, with spring wheat leading the bears. Chicago SRW contracts were 8 1/4 to 10 3/4 cents in the red at the close. KC HRW futures posted...
Corn futures were mixed on Tuesday, with nearbys through September 2027 down 1 to 2 ¼ cents lower and deferreds fractionally to 2 ¼ cents higher. The CmdtyView national average Cash Corn price was down...
Soybeans closed mixed on Tuesday, with front months steady to 1 ½ cents higher and deferreds up 1 to down 1 ¼ cents. The cmdtyView national average Cash Bean price was up 1 1/2 cents at $10.66 ¾. Soymeal...
Corn, soybeans, and wheat appear to be stuck in a rut as traders anxiously await next week's acreage report.
Traders continue to be picky as to when, and by how much, they converge basis on any given day.
