Jim's exploration of previous growing seasons and their correlations with El Niño/La Niña (vis-à -vis tornado activity)
Corn futures closed mid-range on Friday, settling ¾ to 2 cents higher on the day. For the week, July was up 12 ¼ and new crop December was up 11 3/4. The markets are closed for Memorial Day on Monday....
Soybeans settled 2 to 8 ¾ higher on Friday, with some bull spreading getting nearby July briefly above $12.50. Soymeal was a main reason for the strength, as front month contracts were up $6.70 to $9.80/ton....
The wheat complex went home with mixed on Friday, as profit taking ahead of the Memorial Day weekend nudged the July and September CBT contracts into negative territory. Everything else was up. Chicago...
Many of you already know Patrick Gottsch, founder and owner of RFD-TV, passed this week. Having been affiliated with the Market Day Report and Commodity Wrap, I was able to experience firsthand how important...
Corn futures are trading higher on Friday, with fractional to 1 cent gains so far at midday. Today will be the last trade session before a 3-day weekend, with the markets closed for Memorial Day on Monday....
Soybeans are trading 2 to 7 cents higher on Friday’s midday, as we get set to kick off a 3-day weekend. Soymeal is a main reason for the strength, as front months are up $6.20 to $8 at midday. Soy Oil...
The wheat complex is trading with mixed on Friday, as soft red contracts are lower and hard red contracts are higher. Chicago contracts are fractionally lower in the front month, with some back months...