Corn futures got some help from the other grains in the complex, as contracts closed with gains of 3 to 6 ¾ cents across the board. Positive Inspections data and spillover strength from wheat were supportive....
The wheat market led the grain rally on Monday. Chicago contracts were up 10 to 21 cents across the board. Kansas City futures were 16 ¼ to 20 ¼ cents higher on the day. MPLS spring wheat posted lighter...
Soybeans closed the week’s opening session with contracts 8 ½ to 11 ¾ at the closing bell. Soymeal was up 60 cents to $2.10 on the day to help with product support. The real support was from Soy Oil...
Short futures traders are believed to have been the biggest buyers today. How open interest ends up on today's trade may help to decipher how interested traders are.
Crop Progress - 2024-04-22
Soybeans are posting double digit 11 to 14 cent gains on Monday, helped out by the oil part of the products. Preliminary open interest from Friday showed some net new buying, up 2,147 contracts. Soymeal...
Corn futures are pushing higher to start the week, with contracts up 5 to 7 cents at midday. Spillover support from strength in wheat is helping. Preliminary open interest rose 5,697 contracts on Friday...