Oliver Sloup on Markets on the Move: A bearish head and shoulders pattern has been developing and confirming over the last several sessions, taking soybean futures to 6 week lows ahead of tomorrow’s...
With only cattlemen so optimistic about cattle prices moving sharply higher, and no one else the same, I think it possible, if not probable, that cattlemen shift from optimism that prices will move higher,...
Wheat and soybeans are on a slippery slope while corn is stuck grinding sideways.
The wheat complex is trading with Monday mixed action. Chicago SRW futures are showing fractional gains on so far on Monday. KC HRW futures are down up to 4 cents in the front months on Monday. MPLS spring...
Corn futures are showing 1 to 2 cent losses across the front months on Monday, with December down 3 cents. The CmdtyView national average Cash Corn price is down 1 3/4 cents at $3.98 1/2. Export Inspections...
Soybeans are showing 8 to 11 cent losses on Monday. The cmdtyView national average Cash Bean price is 10 1/2 cents lower at $10.24. Soymeal futures were are 50 cents to $1 in the red. Soy Oil futures are...
Soybeans have been forming what some analysts are referring to as a textbook Head and Shoulders formation. Is more downside coming, or will tomorrow’s WASDE report help the market find it’s footing?...