September corn futures present a value-buying opportunity on more price strength.
Corn price action is fractionally to a penny lower so far on Thursday AM trade. Futures saw midweek pressure on Wednesday, with contracts down 2 ½ to 9 ½ cents at the close. Open interest was down 4,386...
Soybeans are trading fractionally higher to a penny lower on Thursday morning. Futures closed with 4 ¼ to 12 cent losses across most contracts on Wednesday. Open interest was down 1,926 contracts, with...
Crude oil got taken to the woodshed yesterday and grain markets had no choice but to follow. Are seasonal tops in or is this just another hiccup within a longer term bull market?
Soybeans closed with 4 ¼ to 12 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.37 3/4. Soymeal futures were down a dime to $1.40...
Corn futures saw midweek pressure on Wednesday, with contracts down 2 ½ to 9 ½ cents at the close. The CmdtyView national average Cash Corn price was down 9 1/2 cents to $4.26 1/2. Crude oil losses...
The wheat complex saw mostly weaker trade on the midweek session. Chicago SRW futures fell back 4 to 6 ¾ cents into the close. KC HRW futures closed with fractional to 5 cent losses across the board....
If you came in this morning looking for a quiet Wednesday, the market had other plans. Grains got taken to the woodshed, and the fingerprints all over the scene came from outside the ag complex.
If I thought Tuesday was odd, what am I thinking today? I am in awe of the dynamic price movement, both higher and lower reflecting how discombobbled the market has become.
Barchart Senior Market Analyst Darin Newsom breaks down the morning's downward trend in grain and livestock futures, advising market participants to look past political headlines and unconfirmed Chinese...