Over the last month we've been talking about the number of catalysts lurking in the background that could lead to a counter-seasonal rally. Over the lacks two weeks, a few of those catalysts are starting...
The Soybean Oil Could Rally into Next Year - There Could be More Selling Pressure in the Cattle Markets Tomorrow Before the Weekend and the Cattle on Feed Report
Soybeans are pushing the fresh 2 year highs further at midday, with gains of 5 to 8 cents at midday. The cmdtyView national average Cash Bean price is up 5 cents at $12.05 1/2. Soymeal futures were $1.30...
Corn futures are continuing the push higher with contracts up 3 to 4 ¼ cents so far on the Thursday session. The CmdtyView national average Cash Corn price is up 3 3/4 cents at $4.35 1/4. Export Sales...
The wheat complex is back to mixed trade, with hard red contracts higher. Chicago SRW contracts are down 2 to 3 ¼ cents so far. KC HRW futures are 2 to 3 cents in the green on the day. MPLS spring wheat...
A news story out Wednesday afternoon told us Watson wasn't only adding to its net-long futures position, but making a big bet in call options as well.
Corn price action is extending the rally, with contracts up another 2 to 3 cents on Thursday morning. Futures rallied 8 to 9 1/2 cents into the Wednesday close, holding within 2 cents of the intraday highs...
Wheat is trading with mixed action early on Thursday, with modest gains in the winter wheats and slipping back in the spring wheat. The wheat complex led the grain rally again on Wednesday as the KC complex...
Soybeans are trading with Thursday morning gains of 7 to 8 ½ cents. Futures posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾...
