Grain markets looked weaker in the early morning session, but buyers stepped in and pushed corn and soybeans to new highs for the move. More upside to come, or time for a healthy correction?
Corn futures are 5 to 8 cents higher ahead of the noon hour in Chicago. Preliminary open interest was up 15,115 contracts on Wednesday. The national average Cash Corn price from cmdtyView was down 5 3/4...
Wheat futures are mixed at midday, with Chicago SRW futures moving back into plus territory while the hard wheat contracts are down about 3 cents for the KC HRW and 1-2 for the MPLS spring wheat. The next...
Soybeans are trading 11 to 14 cents higher in the Chicago futures market at midday on Thursday. They closed the Wednesday session with contracts down 9 to 12 cents in the nearbys and November just 3 cents...
Grain futures retreat after a strong Wednesday morning trade which has led to weakness in the overnight and early morning trade. A healthy correction or a trend change?
The corn market is trading with fractional to 1 cent gains to start Thursday trade. Corn bulls were taking some money off the table on the wobble Wednesday session, as contracts were down 5 to 6 cents...
Soybeans are trading with contracts steady to 2 cents higher. They closed the Wednesday session with contracts down 9 to 12 cents in the nearbys and November just 3 cents lower. Preliminary open interest...
Wheat is trading with contracts 1 to 3 cents lower in the three main markets. The wheat complex closed mixed across the three exchanges on Wednesday. The Chicago SRW market was 4 to 5 cents lower on the...
Well, When it Breaks, it Will Be Vicious
Corn bulls were taking some money off the table on the wobble Wednesday session, as contracts were down 5 to 6 cents in the nearbys and new crop December ¼ cent lower. The national average Cash Corn price...