Canadian canola charts show a pullback to the 742.70 level. Prairie traders should monitor the current bearish RSI divergence.
Soybeans are trading with 17 to 21 cents lower on Wednesday with outside pressure from crude playing a factor. There were 24 deliveries issued against May beans overnight. The cmdtyView national average...
The wheat complex is holding onto the Wednesday losses at midday. Chicago SRW futures are down 11 to 12 cents on the midweek session. There were another 41 deliveries issued against May futures overnight....
Corn futures are trading with 8 to 10 cent losses in the front months on Wednesday. There were 304 deliveries issued against May futures overnight, all by the ADM house account. The CmdtyView national...
After adding nearly 4.4 cents during the just finished positioning week, the Soybean Oil market increased its vulnerability to a fund-driven selloff.
Wheat is showing early Wednesday losses of double digits across the three exchanges. The wheat complex posted losses across three markets on Tuesday. Chicago SRW futures were 8 to 13 ¼ cents in the red...
Soybeans are trading with 4 to 7 cent losses early on Wednesday. Futures were 2 ¾ to 11 ¾ cents in the red on Tuesday, with the nearbys leading the charge. Open interest was up 9,873 contracts on Tuesday....
Corn prices are down 8 to 9 ½ cents on Wednesday AM trade. Futures closed the Tuesday session with deferred contracts fractionally lower to down 5 2/4 cents in the nearbys. In delivery May was down 8...
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Yesterday, July 2026 soybean futures rallied. Today, they went down. In my opinion,...
The wheat complex posted losses across three markets on Tuesday. Chicago SRW futures were 8 to 13 ¼ cents in the red at the close. KC HRW futures were down 3 to 5 3/4 cents on Tuesday. MPLS spring wheat...