I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Yesterday, July 2026 soybean futures rallied. Today, they went down. In my opinion,...
Soybeans were 2 ¾ to 11 ¾ cents in the red on Tuesday, with the nearbys leading the charge. The cmdtyView national average Cash Bean price was down 11 1/4 cents at $11.43. Soymeal futures were down 50...
Corn futures closed the Tuesday session with deferred contracts fractionally lower to down 5 2/4 cents in the nearbys. In delivery May was down 8 ¼ cents. The CmdtyView national average Cash Corn price...
The wheat complex posted losses across three markets on Tuesday. Chicago SRW futures were 8 to 13 ¼ cents in the red at the close. KC HRW futures were down 3 to 5 3/4 cents on Tuesday. MPLS spring wheat...
WALSH PURE SPREADER - Pure Hedge Division
Has the Grain Bubble Popped?
There is seemingly a lot of congestion at this top. Both packers and cattle feeders are losing money. Projected margins reflect significant losses for both.
$5,00 is a good place for producers to begin to hedge.
Soybeans are down 8 to 12 cents in the front months on Tuesday. There were 110 contracts deliveries overnight in May soybeans. The cmdtyView national average Cash Bean price is down 10 3/4 cents at $11.44...
The wheat complex is trading with losses across three markets. Chicago SRW futures are down 11 to 14 ¾ cents at midday. KC HRW futures are 7 to 9 cents in the red on Tuesday. There were 39 deliveries...
