WOW, Soybean Oil Through the Roof! Fats and Feeders to Close Higher Tomorrow?
Has Wheat made a long-term bullish turn, or will this turn out to be a selling opportunity for farmers?
A tremendous amount of volatility today. Futures appeared to begrudgingly move higher with cash remaining firm.
Soybeans are posting 4 to 5 cents across the front months on Thursday’s midday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures are up 40 to 20 cents lower...
The wheat complex is in rally mode across all three markets on Thursday. Chicago SRW futures are trading 10 to 12 higher so far on the day to lead the bull’s charge. KC HRW futures is joining in on the...
Corn futures are trading with midday losses of 1 to 2 1/2 cents on Thursday. The CmdtyView national average Cash Corn price is up ½ cent to $3.94 1/2. EIA data from this morning showed ethanol production...
Corn price action is showing fractional to penny losses so far on Thursday morning. Futures managed to hold onto some strength on Wednesday, as contracts closed fractionally to a penny higher. Preliminary...
Wheat is posting 5 to 6 cent gains across most contracts on Thursday morning. The wheat complex was in bounce back mode on Wednesday, with gains across all three markets. Chicago SRW futures were up 9...
Soybeans are showing fractional to 2 cent weaker trade to kickoff Thursday. Futures failed to hold the early Wednesday strength, as contracts closed fractionally mixed on Wednesday. Open interest rose...
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