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Grain markets continued to bleed lower overnight. Where’s the support? Is there any?
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...
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,...
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...
There was something missing from overnight markets, though the trends we've seen of late remained the same.
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...
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...
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.
