Low-Cost Trades, With Limited Risk - Wheat, Corn, Soybean Oil
Grain and livestock markets saw some big intraday swings on Friday as traders positioned ahead of reports and ahead of a weekend filled with uncertainty
The wheat complex is facing pressure from money coming off the table into the weekend following Black Sea news. Chicago SRW contracts are down 18 to 20 cents at midday. KC HRW futures are down 17 to 18...
Soybeans are trading with contracts 10 to 11 cents higher at Friday’s midday. The cmdtyView national average Cash Bean price is up 10 1/4 cents at $12.14 1/4. Soymeal futures are $2.20 to $2.50, with...
Corn futures are trading with midday losses of 1 to 2 cents on Friday. Spillover pressure from sharp losses in wheat are weighing on the market. The CmdtyView national average Cash Corn price is down 1...
September corn futures present a buying opportunity on more price strength.
Wheat is trading with double digit losses on Friday morning. The wheat complex faced some pressure on Thursday after rallying to fresh multi year highs overnight. Chicago SRW contracts were down 8 ½ to...
Corn price action is showing 4 to 5 cent losses so far on Friday morning, reverting from recent strength to start the last trade day of the week. Futures closed the Thursday session with contracts holding...
Soybeans are showing fractional to penny losses on Friday morning. Futures saw some late pressure to pull off the intraday highs, as contracts were up 1 ¼ to 5 vents across most nearby contracts, with...