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Soybean Pit Nov '17 (SX17)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Pure Hedge - Livestock and Grain

Wild Markets on the Horizon

Shootin' the Bull about a lot to consider

No rest for the weary in this market.  Nellie is nervous and with the continual issues of the bird flu being examined, there is likely to be more restraints placed until we can get a handle on this issue....

Corn Turns Lower Following Drop to Ethanol Production

Corn futures are pulling back in the front months on Wednesday, with losses of 1 to 2 cents. New Crop December is up ½ cent at midday. EIA’s weekly petroleum report tallied ethanol production at 954,000...

ZCK24 : 437-6s (-1.19%)
ZCPAUS.CM : 4.2243 (-1.17%)
ZCN24 : 448-4s (-0.88%)
ZCZ24 : 472-6s (-0.42%)
ZCPZ24US.CM : 4.4159 (-0.45%)
Soybeans Retreating from Highs at Midday

Soybeans prices are showing 3 to 5 cent gains in the nearbys on Wednesday. Soymeal is posting strength to lead the complex higher, up $4.80 to $5.20/ton, with Soy Oil back down 59 to 63 points. USDA did...

ZMN24 : 349.2s (+0.90%)
ZLN24 : 45.27s (-1.33%)
ZSK24 : 1166-0s (-0.13%)
ZSPAUS.CM : 11.1383 (-0.13%)
ZSN24 : 1181-4s (-0.04%)
ZSX24 : 1174-4s (+0.04%)
ZSPX24US.CM : 11.1413 (+0.05%)
Wheat Sitting at 2-Month Highs

The wheat complex is continuing to rally at midday, nearing the highest prices since February. Kansas City continues to lead the charge, with gains of 13 to 17 cents. Chicago contracts are up 10 to 13...

ZWK24 : 594-4s (+1.62%)
ZWN24 : 613-0s (+1.70%)
KEK24 : 624-2s (+2.55%)
KEN24 : 630-0s (+2.56%)
MWK24 : 679-0s (+1.88%)
3 Reasons Why SRW Wheat Isn't Fundamentally Bullish

Yes, the Chicago SRW Wheat market has rallied of late, but that doesn't mean it is fundamentally bullish.

IWY00 : 533.19s (+2.86%)
Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA

Egypt's wheat imports are forecast to climb in the 2024/25 marketing year as the country's economy stabilizes and access to foreign currency improves, according to a report by the Foreign Agricultural...

Corn Prices Green to Start Wednesday

Corn is trading ½ cent to a penny higher early on Wednesday. The Tuesday action in the corn market saw futures close mixed with 2023 and 2024 crop up 1 ¼ to 3 ¼ cents Contracts for the ’25 crop and...

ZCK24 : 437-6s (-1.19%)
ZCPAUS.CM : 4.2243 (-1.17%)
ZCN24 : 448-4s (-0.88%)
ZCZ24 : 472-6s (-0.42%)
ZCPZ24US.CM : 4.4159 (-0.45%)
Soybeans Higher Following Overnight Trade

Soybeans are up 1 ½ to 3 cents after a round of overnight back and forth trade. Futures posted gains of as little as a fraction to as much as 6 ¼ cents on Tuesday. Soymeal turned around on midday weakness...

ZMN24 : 349.2s (+0.90%)
ZLN24 : 45.27s (-1.33%)
ZSK24 : 1166-0s (-0.13%)
ZSPAUS.CM : 11.1383 (-0.13%)
ZSN24 : 1181-4s (-0.04%)
ZSX24 : 1174-4s (+0.04%)
ZSPX24US.CM : 11.1413 (+0.05%)
Wheat Mixed on Wednesday Morning

The wheat futures complex is mixed this morning, with KC leading higher, CBT heading lower, and MPLS unch. They continued this week’s rally on Tuesday. Chicago contracts were up 8 to 15 ¼ cents on the...

ZWK24 : 594-4s (+1.62%)
ZWN24 : 613-0s (+1.70%)
KEK24 : 624-2s (+2.55%)
KEN24 : 630-0s (+2.56%)
MWK24 : 679-0s (+1.88%)

Barchart Exclusives

52-Week Highs and Lows: Buy These 3 Stocks From Wednesday’s Good News/Bad News Kind of Day
The NYSE and Nasdaq had 75 52-week highs and 109 52-week lows. The good news is that the NYSE had more highs than lows on Wednesday, while the Nasdaq did not. Read more

Barchart Grains News

Wheat Sitting at 2-Month Highs
The wheat complex is continuing to rally at midday, nearing the highest prices since February. Kansas City continues to lead the charge, with gains of 13 to 17 cents. Chicago contracts are up 10 to 13 cents on the session. MPLS spring wheat is 5 to 10 ¼ cents higher.... Read more
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