Grain markets continued to bleed lower overnight. Where’s the support? Is there any?
Corn price action is down another 2 to 4 cents so far on Tuesday. Futures extended the losses following the bearish USDA data release on Monday, as futures closed with 22 to 24 ¼ cent losses in the front...
Wheat trade is mostly 1 to 4 cents lower in the winer wheat contracts on Tuesday morning trade, with spring wheat up 3 to 4 cents. The wheat complex posted losses across all three exchanges on Monday,...
Soybeans are trading with Tuesday morning losses of 3 to 4 cents. Futures posted Monday losses of 7 to 15 ½ cents across most contracts, as some back months were slightly higher. Preliminary open interest...
There was something missing from overnight markets, though the trends we've seen of late remained the same.
The wheat complex posted losses across all three exchanges on Monday, as USDA data had a bearish spin. Chicago SRW futures were down 6 cents on the session. KC HRW futures posted losses of 3 to 5 cents...
Soybeans posted Monday losses of 7 to 15 ½ cents across most contracts, as some back months were slightly higher. The cmdtyView national average Cash Bean price was 13 1/4 cents lower at $9.76 1/2. Soymeal...
Corn futures extended the losses following the USDA data release on Monday, as futures closed with 22 to 24 ¼ cents in the front months. Deferred contracts were down 5 to 14 ½ cents. The CmdtyView national...
Oliver Sloup discusses: Grain markets got schlacked on Monday, following an extraordinarily bearish report, particularly for corn. More downside to come? Tune in to learn more.