The wheat complex is posting strong double digit gains on Friday. Chicago contracts are up 16 to 17 cents across the nearbys. Kansas City futures are trading 16 cents to the upside at midday. MPLS spring...
Corn futures are rallying post-USDA release on Friday, as contracts are up anywhere from 8 to 10 cents across most nearby months. This morning’s USDA WASDE report showed the old crop US stocks dropping...
Bean futures are up 2 to 4 cents across the front months on Friday, despite not much in terms of bull friendly numbers from USDA. Soymeal futures are down $2.60-$3.80/ton. Soy Oil is posting strong gains...
Wheat is starting to look a little overbought, while aluminium pulled back this week - but a breakout from here could be explosive.
Crop Production - 2024-05-10
WASDE - 2024-05-10
For those who prefer to march to their own beat, GO stock provides plenty of upside potential for those willing to risk extreme volatility.
The wheat complex is posting double digit higher trade on Friday morning. The bulls were defending well on on Thursday. Chicago contracts were up ¾ to 3 ¾ cents on the day. Kansas City futures closed...
Corn prices are up 2 to 2 ½ cents this morning as the trade preps for today’s USDA reports. Futures closed out the Pre-WASDE trade session on Thursday with prices down 1 to 2 ¾ cents across most contracts....
Friday morning action is showing soybeans fractionally mixed across the front months. Futures headed lower on Thursday, with contracts down 7 ¼ to 20 cents across the board, as the 2024 contracts found...