Crop Progress - 2024-05-06
The feeder cattle index is void of computer generated algorithms or "spoofing" that can impact the decision making factors of a trader. Only cattle feeders have any need at all to buy feeder cattle. ...
Taking a look at what the initial USDA figures will say and what they mean for price.
Soybeans are posting 16 to 30 cent gains across the front months on Monday. Soymeal is continuing last week’s rally, up $10.40/ton at midday. Soy Oil is also heading higher to start the week, with gains...
Futures are shrugging off the overnight losses of double digits, as the gains are in the double digit range at midday. Chicago contracts are up 20 to 24 points on the day. Kansas City futures are up 20...
Corn futures are trading with strength on Monday’s midday, as contracts are up 4 to 7 cents across most months to start the week and erase overnight weakness. Export Inspections data from this morning...
On Saturday I joined Mike Pearson from Farm Progress on This Week in Agribusiness. We discussed the recent rally in corn, soybean, and wheat prices.
Soybeans are trading 3 to 5 cents lower in early Monday jockeying. Beans futures were up anywhere from 7 to 16 cents at the Friday close. The weekly gains totaled 37 ¾ cents for July and 26 ¼ cents for...
Sunday night market action was weaker, with futures here on Monday morning down 2 to 3 cents Corn futures closed ½ to 3 ¼ cents higher on Friday, except that in delivery May was down a nickel. July...
Futures are heading lower this Monday morning, with the hard rec contracts leading the way with double digit losses. Wheat bulls were feeling better heading into the weekend, as Friday prices were higher,...