Grain traders are taking their daily price cues from the daily movements in the crude oil market. Such will likely be the case for the near term.
The wheat complex is showing strength on Tuesday with contracts higher at midday. Chicago SRW futures are up 5 to 6 cents so far on the Tuesday session. KC HRW futures are 7 to 8 cents higher so far at...
Corn futures are showing 5 to 6 cent gains so far on Tuesday, in a early week bounce. The CmdtyView national average Cash Corn price is up 6 cents to $4.23 3/4. EIA data will be released on Wednesday...
Soybeans are showing mixed trade at midday with front months down 1 to 2 cents and deferred contracts higher. The cmdtyView national average Cash Bean price is down 1 3/4 cents at $10.78 1/2. Soymeal futures...
Grain markets stabilize following a whacky Monday trade. These are the levels to watch.
Corn price action is up 2 to 3 cents so far on Tuesday morning. Futures closed the Monday session with contracts down 1 ½ to 6 cents in most contracts at the close. Pressure was from a President Trump...
Soybeans are trading with 4 to 6 cent losses so far on Tuesday. Futures posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. Open interest suggested very light short covering, down 1,630 contracts....
Wheat is showing slight strength on Tuesday morning. The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. Open interest...
Though global markets can be independent of each other, there are connections running throughout the commodity complex.
The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. KC HRW futures were fractionally to 3 cents in the red. MPLS spring...