EF4 Tornado hits our town of Enid, Oklahoma
Grain markets typically build into seasonal highs over the coming months, but this year’s rally has been accelerated by geopolitical disruption. With prices already stretched, the market may be more...
Will this history repeat itself?
The wheat complex was lower across the winter wheat contracts on Friday, with Spring wheat holding up. Chicago SRW futures were steady to 3 ½ cents lower on the day, with May up 17 cents this week. KC...
Soybeans futures closed Friday with contracts steady to 4 cents higher, as May settled the week with a 3 ½ cent loss and November down ¾ cent. The cmdtyView national average Cash Bean price was up 4...
Corn futures posted mixed trade, with contracts down ½ cent to 2 cents higher. Mar was up 6 ¼ cents on the week, with December up 7 ¼ cents. The CmdtyView national average Cash Corn price was down...
Based on recent trading activity, it seems the grains are mostly getting caught up in headlines and social media posts, not fundamentals.
It may seem conterintuitive, but there are recognizable patterns you can use to your advantage, even within the chaos.