Grain markets finished March on higher ground, but are retreating this morning as recent peace headlines. The last few weeks have played out like The Boy Who Cried Wolf. Is this time different?
Corn price action is down 4 to 5 cents so far on Wednesday morning. Futures closed the Tuesday session with contracts steady to 2 ¼ cents higher following some friendlier old crop numbers from USDA. Open...
Soybeans are falling back to start April, as contracts are down 6 to 9 cents so far on Wednesday morning. Futures posted 5 to 13 ½ cent gains across most contracts on Tuesday, led by the new crop months....
Wheat is reverting back lower on Wednesday morning, down double digits across all three exchanges. The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets....
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The United States Department of Agriculture (USDA) Prospective Plantings report...
Soybeans posted 5 to 13 ½ cent gains across most contracts on Tuesday, led by the new crop months. The cmdtyView national average Cash Bean price was up 8 ¼ cents at $10.95. Soymeal futures were up $1.10...
The wheat complex got a positive reaction to the USDA report on Tuesday, rallying across the three markets. Chicago SRW futures were 4 to 9 1/4 cents higher. KC HRW futures saw 3 to 9 1/4 cent gains though...
Corn futures closed the Tuesday session with contracts steady to 2 ¼ cents higher following some friendlier old crop numbers from USDA. The new crop data was a little less bull friendly. The CmdtyView...
Having Any Fun Yet? Fats and Feeders Eyeing Contract Highs - Grains Look Overbought
Grain markets finished the month strong after the USDA’s Quarterly Stocks and Planting Intentions Report pushed prices higher. Oliver Sloup breaks down the big moves in May and December corn, the crucial...