Today, we added commodity inflation to the mix of a severely weakening US dollar, soaring precious metals, due to eroding confidence in the US dollar, and core inflation still rising, albeit at a lesser...
Corn futures are trading with fractional to penny gains so far on Thursday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.95 3/4. Export Sales data from this morning showed 1.649...
Soybeans are down 2 to 4 ¼ cents at midday. The cmdtyView national average Cash Bean price is 4 1/4 cents lower at $10.04 1/2. Soymeal futures were $0.90 to $1.50 lower, with Soy Oil futures 40 to 45...
The wheat complex is continuing strength on Thursday, with contracts higher across the three exchanges. Chicago SRW futures are 3 to 4 cents higher so far. KC HRW futures are 3 to 4 cents in the green...
May soybean meal futures present a buying opportunity on more price strength.
Soybeans are showing higher trade on Thursday, up 7 to 9 cents in the front months. Futures got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. OI showed...
Corn price action is up 1 to 3 cents so far on Thursday morning. Futures got some spillover strength from gains in wheat and recent weakness in the US dollar index, as contracts closed with 1 ¼ to 3 ½...
Wheat futures are higher in all three exchanges on Thursday morning, extending gains from Wednesday. The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago...
We look at Canola on the monthly chart.
WALSH PURE SPREADER - Pure Hedge Division
