Wheat may need to lead corn and soybean prices higher.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Corn futures are trading with 3 to 5 ¼ cents losses in most contracts on Monday. The CmdtyView national average Cash Corn price is down 5 cents at $3.82 1/2. USDA’s FGIS tallied corn export shipments...
The wheat complex are trading with contracts falling lower across the three markets. Chicago SRW contracts are 4 to 6 cents in the red at midday. KC HRW futures are 6 to 7 ¼ cents lower in the front months....
Soybeans are mixed at midday, with front months down 1 to 3 cents and new contracts up 1 to 2 cents. The cmdtyView national average Cash Bean price is down 2 1/2 cents at $10.68 ½. Soymeal futures are...
EPA data showing renewable fuel production is running below mandated levels is helping support soybean oil prices, keeping the market firm despite weakness in crude oil.
Soybeans are up 4 to 5 cents in early morning trade on Monday. Futures posted losses of 6 ½ to 9 ¼ cents across the board on Thursday, with July holding for a 9 ¼ cent gain last week. Open interest...
Wheat is trading with 4 to 8 cent losses early on Monday morning. The wheat complex fell back into the long weekend with losses across the three exchanges. Chicago SRW contracts were down 1 ½ to 7 ¼...
Corn price action is steady to 1 ½ cents lower so far out of the long weekend. Futures posted losses of 3 ½ to 5 ¾ cents across most contracts on Thursday, with July holding onto a 4 ¾ cent gain on...
