Wheat is showing double digit gains in the winter wheat contracts so far on Wednesday morning. The wheat complex posted mixed trade on Tuesday, as the soft red and hard red spreads were unwinding. Chicago...
Soybeans are trading with Wednesday AM gains of 8 to 9 cents so far. Futures held off the early weakness on Tuesday, as day session buying took price action 7 ½ to 11 ¾ cents higher into the close. Rumors...
Corn price action is showing 5 to 6 cent gains so far on Wednesday morning. Futures rounded out the Tuesday session on a mixed note, with front months down ¼ to 1 ¾ cents and new crop contracts up ¾...
The Cattle Markets are Special and They Could Start to Show Off Very Soon
The old saying may be "rains make grains" (however, sayings can also be pains in the #*&%@!)
The wheat complex posted mixed trade on Tuesday, as the soft red and hard red spreads were unwinding. Chicago SRW contracts were 3 ½ to 6 ¼ cents in the green at the close. KC HRW futures were steady...
Soybeans held off the early weakness on Tuesday, as day session buying took price action 7 ½ to 11 ¾ cents higher into the close. Rumors of Chinese inquiries into the US sparked some buying interest...
Corn futures rounded out the Tuesday session on a mixed note, with front months down ¼ to 1 ¾ cents and new crop contracts up ¾ to 2 ¾ cents. The CmdtyView national average Cash Corn price was down...
Grain markets had a softer tone in the overnight trade but sprang to life on rumors of Chinese buyers showing interest in US soybeans. Is it for real this time?
The right shoulder developed a shrug, that didn't necessarily void the H & S pattern, but sure moved it away from a textbook example.
