Corn futures closed out the Tuesday session with contracts up 1 to 2 ½ cents, fighting off some intraday weakness. The front month national Cash Corn price from cmdtyView was up 2 cents at $3.77 ¼ per...
Wheat futures ended the Tuesday session mixed across all three exchanges hard red contracts showed the most strength. Chicago SRW futures were down ¾ to 2 ¾ cents at the close. KC HRW was mixed, with...
Soybean futures settled Tuesday with contracts steady to 1 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1 ¼ cents at $9.44 ¾. Front month Soymeal futures was down $1.90...
A corn trader should look to buy when prices approach levels near the cost of production, as further downside risk may be limited. With corn futures already down about 18% year-to-date due to increased...
Chop Fest for Corn and Beans
Futures traders are helping out a little. December fats traded well into the area of interest today, allowing for a narrower basis to trade within. The issue with fats at the moment is not so much the...
Wheat futures are mixed across all three exchanges as the market trades through Tuesday. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW is 1 to 2 cents lower. MPLS spring wheat is back up...
Soybean futures are posting fractional to 1 cent gains so far on the Tuesday session. CmdtyView’s national front month Cash Bean price is up a penny at $9.44 ½. Front month Soymeal futures are down...
Corn futures are showing steady to fractionally higher trade so far on Tuesday. The front month national Cash Corn price from cmdtyView is up ¾ cent at $3.77/bu. USDA’s Crop Progress report showed the...
Market thoughts...