If US corn is considered a natural/national resource, does it open the door for the cash price to fall below the government loan price? Enquiring minds want to know.
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Malaysian palm oil futures moved up nearly 1 percent today, January 13, continuing...
Fats and Feeders Racing to Fill the Last Gap Above - Soybean Oil Could Increase 20% From Todays Settlement Prices.
The wheat complex closed the Tuesday trade mixed, as spring wheat was stronger and KC leading the charge to the downside. Chicago SRW futures posted fractional to penny losses in the front months to close...
Corn futures closed the Tuesday session with contracts down 1 to 3 ½ cents across the front months, following sharp Monday losses. The CmdtyView national average Cash Corn price was down 1 3/4 cents at...
Soybeans closed out Tuesday with losses of 9 to 10 ¼ cent in the front months to follow up the Monday pullback. The cmdtyView national average Cash Bean price was 10 1/4 cents lower at $9.66 1/4. Soymeal...
Cattlemen are anticipated to use the cheaper feed stuffs to increase weights, simply because they sell cattle by the pound and at the price spreads between weight classes, they will need all the pounds...
Corn futures are trading with 1 to 3 cent losses at Tuesday’s midday, seeing some limited follow-through from Monday’s action. The CmdtyView national average Cash Corn price was down 1 1/2 cents at...
The wheat complex is showing losses so far on Tuesday. Chicago SRW futures are showing 2 to 3 cent losses so far on the day. KC HRW futures are down 6 to 7 ¼ cents so far on Tuesday. MPLS spring wheat...