I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Yesterday's strong chart action and gap higher in soybeans is shifting the outlook...
Soybeans posted Turnaround Tuesday losses of 3 to 6 1/2 cents on the session pulling off early lows. The cmdtyView national average Cash Bean price was down a nickel at $11.84. Soymeal futures were $2.80...
Corn futures found strength late in the session, with contracts up 2 to 3 ¼ cents across the front months. The CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.21. The weekly Crop Progress...
The wheat complex shrugged off early weakness on Tuesday, with contracts higher across the three markets. Chicago SRW contracts were 4 to 5 cents in the green. KC HRW futures were up 9 to 10 ½ cents in...
Tomorrow Could Be Moving Day for the Cattle Markets and the Soybean Oil.
December corn dipped a penny or two on the open and it looked like prices were looking to close the gap on the chart from Sunday night’s strong opening that needs a move to $4.68 ¼ to be filled. Prices...
Soybeans are posting Turnaround Tuesday losses of 4 to 8 cents so far at midday. The cmdtyView national average Cash Bean price is down 7 1/24 cents at $11.82 3/4. Soymeal futures are $2.30 to 3.50 higher,...
The wheat complex is shrugging off early weakness for midday gains. Chicago SRW contracts are fractionally in the green. KC HRW futures are 5 to 6 cents higher. MPLS spring wheat is leading the charge,...
Corn futures are trading with midday gains of 1 of 3 cents on Tuesday, following strength on Tuesday. The CmdtyView national average Cash Corn price is up a nickel at $4.18 ¾. The weekly Crop Progress...