Grain markets have offered some tremendous short term trading opportunities over the last two weeks. Is the chop, the new trend?
Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at the close. The cmdtyView national average Cash Bean...
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView national average Cash Corn price was 9 cents lower...
The wheat complex closed the midweek session with weakness across the three markets. Chicago SRW contracts closed with Wednesday losses of 7 ¾ to 10 ¾ cents. KC HRW futures posted 5 ½ to 7 ¾ cent losses....
So far this week, corn has rallied sharply, diesel fuel rallied to within $.16 of contract high, and interest rates rose sharply.
Corn futures are showing 7 to 8 cent losses so far on Wednesday. There was just 1 delivery notice against July futures overnight. The CmdtyView national average Cash Corn price is 7 ½ cents lower at $4.05...
Soybeans are mixed at midday with old crop and new crop spreading at midday, as front months are up 1 to 5 ½ cents and new crop contracts down 3 to 5 cents. The cmdtyView national average Cash Bean price...
The wheat complex is trading with midday losses on Wednesday. Chicago SRW contracts are posting 2 to 8 cent losses on Wednesday. KC HRW futures are showing 3 to 7 cent lower trade at midday. There were...
Wheat is showing 3 to 5 cent gains so far on Wednesday morning. The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. Open interest...
Corn price action is steady so far on Wednesday morning. Futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. Open interest suggested...
