The wheat market continued lower on Wednesday, and SRW led the way down. The front month CBT futures closed with double digit losses of as much as 2.9%. KC wheat dropped ~1%, with 7 1/2 to 9 cent losses...
Soybean futures bled another 1.3% to 1.9% on Wednesday, with November closing in the red for the 12th consecutive session and more than $1 total drop. Soymeal prices ended the day 1.4% to 1.9% in the red,...
The old crop corn futures bounced back for a higher midweek close. May ended the day 10 1/4 cents off its session low with a 3 1/2 cent gain. The new crop prices stayed in the red, going home 1 3/4 to...
Another fairly big days range to settle closer to unchanged than at the top of bottom. The correction in price is believed micro management of purchases of feeder cattle and marketing at heavier weights...
We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Market Index, MBA Mortgage Refinance Index, MBA Purchase Index and MBA Mortgage Applications at 6:00 A.M., EIA Energy Stocks at 9:30 A.M.,...
Wheat prices are down by double digits for some contracts so far for midday. CBT SRW is trading 13 1/2 to 16 1/4 cents lower. KC HRW is down by 5 to 6 cents across the front months. Spring wheat prices...
Front month soybean futures are trading 15 1/2 to 19 cents lower through midday. The meal market is $5.70 to $7.20 lower at midday. Front month BO futures are giving back another 67 to 70 points so far....
May corn contracts are staging a midday bounce, which has futures 8 1/2 cents off the low and 2 cents in the black. The other nearby contracts are fractional to 3 1/4 cents in the red. USDA announced...
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis.
