When I saw the picture available to use of a ghost in a wheat field, I knew I had to use it for this piece discussing long-term investments in a market known as Poverty Grass.
The wheat complex closed with winter wheat weakness, with spring wheat higher on Friday. Chicago SRW futures were steady in some deferreds to 7 1/4 cents lower in the front months, as May was still up...
Corn futures closed the Friday session with most contracts fractionally to 2 ½ cents higher, shrugging off early weakness. July was an exception, down ¼ cent. The CmdtyView national average Cash Corn...
Soybeans closed with Friday gains of ½ to 4 ¾ cents across the board, with Marh slipping 8 ½ cents on the week. The cmdtyView national average Cash Bean price was up 4 cents at $11.02. Soymeal futures...
Cattle Markets Crash and recover in front of the Cattle on Feed report
In my opinion, the cattle market is believed moving into equilibrium. Rationing has caused significant shifts in domestic production and processing.
Soybeans are mixed on Friday, within a penny of unchanged on Friday. The cmdtyView national average Cash Bean price is up 1 cent at $10.99. Soymeal futures are $1.50 to 1.70 on the day, with Soy Oil futures...