The rally in Soybeans started from a 61.8% retracement on the continuation chart at 1138.00.
Corn futures closed Thursday trade, following similar action from Wednesday, fading the early session gains. Contracts closed with losses of 3 ½ to 5 ½ cents across the board, and leaving some not so...
Soybeans faded off into the Thursday close, as contracts were up ½ 5o 2 ¾ cents in the front two months and down 1 to 3 ¾ cents in the tother contracts following uninspiring Export Sales data. Soymeal...
The wheat complex found weakness again on Thursday, again quickly fading the early session gains. Chicago contracts were down 2 to 3 cents across most contracts. Kansas City futures closed with contracts...
Corn futures have been under pressure for the last three sessions after failing against resistance to start the week. Will support hold into the weekend or will the selling persist?
The wheat complex is heading lower at midday. They again quickly faded the early session gains today. Chicago contracts are down 5 to 8 cents across the front months. Kansas City futures are steady to...
Corn futures are hitting the copy/paste button on the Thursday trade, as future are again fading the early session gains. Midday losses are totaling 4 to 7 cents as a planting window is open of areas across...
Soybeans are slipping lower on Thursday following dull Export Sales data. Contracts are steady to 4 cents lower in the nearbys, with July slightly higher. Soymeal futures are down $1.70 to $2.30/ton. Soy...
#5 | Big Bushels U.S. corn yields haven't hit/exceeded so-called trend (USDA’s initial print) since 2018 and although 2023 was a record-high yield at 177.3 - it fell well-below the 181.5 trend. In four...
Corn futures were under pressure the last few days, but was it enough to cause technical damage or is the trend still intact?