The wheat trade saw 20 cent ranges in the CBT market, and ended the day with 10 cent losses. KC wheat futures were 9 to 12 1/2 cents in the red at the close. Spring wheat futures were the firmest, giving...
Front month soybean futures closed double digits in the black led by stronger meal. Soymeal ended the day with 3.58% to 3.98% gains, adding ~36 cents of product value. Soy oil continued south during Tuesday,...
Tuesday action in the corn market kept prices firm to higher until midday. The afternoon was spent exploring the red, before a light bounce into the close. At the settle the board was 2 to 3 1/2 cents...
Could the 2023 corn futures spreads follow the same path as what we saw last year? Fundamentally it's possible, though technically it doesn't look probable.
CORN HIGHLIGHTS: Corn futures failed to hold gains from early in the session finishing lower for the sixth day in a row losing 3-1/4 cents in December to end the day at 6.25-1/2. March also lost 3-1/4...
Traders pushed fat cattle prices down hard today. As box beef prices are falling off, it has potentially cast a cloud over cattle. I don't think it will last long. I made the recommendations today...
All of these markets were turned by a 78.6% retracement.
