In my opinion, traders started digging the Tiger trap early this week, believed in expectation of Friday's news.
Analysis of nearby soybean futures sliding under the declining 200-week moving average and key lessons for Prairie farmers navigating grain rallies.
The wheat complex is rallying across the three markets on Friday following more Black Sea news. Chicago SRW contracts are up 23 to 25 cents on Friday. KC HRW futures are leading the rally, with contracts...
Soybeans are trading with contracts 3 to 7 cents higher at midday. The cmdtyView national average Cash Bean price was up 5 1/4 cents at $11.45 1/2. Soymeal futures are up 1.30 at midday, with Soy Oil 30...
Corn is in rally mode, taking back the Thursday losses, with contracts up 9 to 10 cents. The CmdtyView national average Cash Corn price is up 9 3/4 cents at $4.28. Continued spillover support from a wheat-led...
Wheat is trading with double digit gains early on Friday, following European futures strength from overnight. The wheat complex fell back lower on Thursday, slipping into the close. Chicago SRW contracts...
Corn price action is back up 5 to 6 cents so far on Friday morning. Futures fell back from the Wednesday rally on Thursday, with contracts falling 5 to 9 cents at the close. Open interest was up 11,566...
Soybeans are trading with strength of 8 to 10 cents so far on Friday morning. Futures posted mixed trade on Thursday, with contracts closing anywhere from 3 ½ cents higher to 2 3/4 ents lower across the...
The wheat complex fell back lower on Thursday, slipping into the close. Chicago SRW contracts were steady to 2 ¼ cents in the red. KC HRW futures saw fractional to 3 cent losses across most contracts...
Soybeans posted mixed trade on Thursday, with contracts closing anywhere from 3 ½ cents higher to 2 3/4 ents lower across the board. The cmdtyView national average Cash Bean price is up 4 1/2 cents at...
