The weekly Commitments of Traders report showed fund selling in a lot of agricultural commodities. A few stick out to us. Oliver Sloup breaks down Friday's action in the Ag markets in his weekly CME...
SRW futures closed the last trade day of the week with 1 3/4 to 2 3/4 cent losses. The hard red wheats extended their premiums as KC rallied 1 3/4 to 5 cents on the day and MPLS gained 1 1/2 to 3 1/2 cents....
At the close beans were 14 cents weaker in the March contract and a dime in the red in the May. The other nearby beans closed fractionally to 8 1/2 cents lower. March is still at a nickel premium to May...
The March corn contract ended the last trade day of the week with a fractional gain, while the other nearby contracts went home 2 1/4 to 3 1/2 cents in the red. That added to the board’s inverse, which...
After correcting a portion of the recent rally off the seasonal lows, corn appears to be ready to resume its post-harvest rally, as February has historically seen the uptrend continue into the first week...
In my opinion, there is a divide between reality and optimism that is believed presenting an opportunity to market inventory at prices today, that may or may not be available in the future.
Friday wheat spreading has the CBT market down by 2 1/2 to 3 1/4 cents through midday, while the hard red classes remain in the black. KC HRW is trading 3 3/4 to 5 3/4 cents higher so far and MPLS HRS...
Midday soy quotes are red so far for Friday. Beans are fractionally lower in new crop to a dime in the red for March. Meal quotes are down by $2 to $2.70/ton in the front months. Soybean oil futures are...
