The various aspects of global trade dominated early morning market discussion Thursday, while the Grains sector stayed asleep.
Heads Up! (A subtle return of La Niña)
The wheat complex was in rally mode on Wednesday, with all three exchanges closing higher. Chicago SRW futures were 6 to 8 cents higher on the session. KC HRW futures posted 10 cent front month gains on...
Corn futures were pushing higher into the Wednesday close, as contracts were 2 to 3 cents higher in the nearbys. The CmdtyView national average Cash Corn price was up 2 ½ cents at $4.08 3/4. EIA data...
Soybeans were in rally mode on Wednesday, with contracts closing 10 to 11 cents in the front months. The cmdtyView national average Cash Bean price was 11 1/2 cents higher at $9.94 3/4. Soymeal futures...
Darin Newsom analyzes how seasonal demand and technical short-covering are fueling a temporary rally in corn, wheat, and soybeans, while warning that weak long-term fundamentals and shifting geopolitical...
It appears no one is left that doesn't know how difficult of a profit margin position the cattle feeder, and producers as a whole, have placed themselves into.
Oliver Sloup covers grain markets as they come off a sharp reversal, with today’s trade marking a reversal of the reversal. Can the momentum continue from here?
Corn futures are trading with 2 to 3 cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price is up 2 3/4 cents at $4.09. EIA data from this morning showed ethanol...
Soybeans are trading with gains of 12 to 13 cents in the nearbys on Wednesday. The cmdtyView national average Cash Bean price is 12 3/4 cents higher at $9.95 1/4. Soymeal futures are $5.70 to $7 higher...
