May corn futures present a buying opportunity on more price strength.
Soybeans moved higher following yesterday’s WASDE’s report. Are new highs in order?
Soybeans are sticking close to unchanged this morning, with front months slightly lower and new crop November slightly higher.Futures closed Tuesday with contracts 11 to 13 cent higher in the front months....
Corn price action is fractionally to 1 ¼ cents in the red so far on Wednesday morning. Futures posted steady to penny higher trade across the front months on Tuesday. Open interest was up 3,523 contracts....
Wheat is showing marginal gains across all three exchanges on Wednesday morning. The wheat complex was mixed across the three markets on Tuesday. Chicago SRW futures were fractionally lower on the day....
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week, soybeans rallied 90.0 points. This week, I can think of two reasons...
Soybeans closed Tuesday with contracts 11 to 13 cent higher in the front months. The cmdtyView national average Cash Bean price was up 11 3/4 cents at $10.56 1/4. Soymeal futures were $2.10 to $3.20 higher...
The wheat complex was mixed across the three markets on Tuesday. Chicago SRW futures were fractionally lower on the day. KC HRW futures saw 1 to 3 cent gains on Tuesday. MPLS spring wheat was 1 to 2 ¼...
Corn futures posted steady to penny higher across the front months on Tuesday. The CmdtyView national average Cash Corn price was steady at $3.95 1/4. The average close for December futures in February...
No Adjustment to Ending Stocks.
