Crop Progress - 2024-09-23
The work done on Thursday and Friday of last week is believed adequate for what is currently known. Futures traders didn't disappoint in narrowing basis back for producers to market into.
Taking a look at the things I am watching in the bean market and why it's possible we could be closer to long-term support than resistance.
The wheat complex is trading with gains across the three exchanges on Monday. Chicago SRW futures are up 14 to 15 cents on the day. KC HRW is posting 13 to 14 cent gains at midday. MPLS spring wheat is...
Soybeans are starting off the week with sharply higher trade on Monday, as contracts are up 22 to 24 cents across the front months. CmdtyView’s national front month Cash Bean price is up 22 ½ cents...
Corn futures are showing 9 to 10 ¼ cent gains across the front months on Monday’s midday. The national average Cash Corn price from cmdtyView is up 10 ½ cents at $3.79 3/4 per bu. This morning’s...
