Wheat is kicking off Wednesday trade with losses of 2 to 4 cents. The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. Open interest rose 3,208 contracts on Tuesday....
Corn price action is fractionally mixed so far on Wednesday morning, holding near unchanged. Futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to...
Soybeans are trading with 1 to 3 cent gains as the market enters Wednesday trade. Futures posted gains of 4 to 5 ½ cents in most front months on Tuesday. Open interest was down 2,337 contracts on Tuesday,...
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The charts below suggest higher wheat prices in the weeks ahead. Last week's rally...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. KC HRW futures are down 5 to 6 cents in the front months on Tuesday. MPLS spring wheat were 1 to 3 cents weaker....
Corn futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2....
Soybeans posted gains of 4 to 5 ½ cents in most front months on Tuesday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the...
Basis didn't improve much, if any, and everyone appears to be holding their breath to see who pays up, and who doesn't.