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.
I noted a cartoon seen recently in which it shows a small line of people to buy silver at $30.00 and a great increase in buyers at $100.00.
The title probably gives away what I thought of the February round of USDA's Supply and Demand reports.
The wheat complex is trading with the three markets mixed, Chicago SRW future are trading with slight 1 to 2 cent losses so far on the day. KC HRW futures are showing penny gains on Tuesday. MPLS spring...
Corn futures are trading with fractional to penny gains so far on Tuesday, following friendly USDA report. The CmdtyView national average Cash Corn price is up ¾ cent at $3.96. The monthly WASDE update...
Soybeans are trading with 10 to 11 cent gains so far on Tuesday. The cmdtyView national average Cash Bean price is up 10 ½ cents at $10.55. Soymeal futures are $2.40 higher on the day, with Soy Oil futures...
