I anticipate feeder cattle to trade down to the lows made in mid-March per respective contract month.
The wheat complex is facing pressure on Thursday’s midday. Chicago SRW futures are down 18 to 29 cents in the front months. KC HRW futures are leading the charge, with 20 to 22 cent losses. MPLS spring...
Corn futures are trading with 13 to 15 cent losses in the front months on Thursday. There were 17 deliveries against May futures overnight, with the contract expiring today. The CmdtyView national average...
Soybeans are trading with 30 to 44 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 44 cents at $11.20. Soymeal futures are back down $7.20, with Soy Oil...
We analyze the rumoured double top in soybean prices. Canadian grain marketers should wait for a confirmed neckline break before acting on the charts.
Wheat is mostly lower early on Thursday morning. The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½...
Corn prices are down 6 to 7 cents so far on Thursday morning. Futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. Open interest was up 10,445...
Soybeans are trading with 20 to 27 cent losses early on Thursday morning. Futures saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. Open interest was up...
Corn futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. The CmdtyView national average Cash Corn price was up a penny to $4.40. The NOAA 7-day...
Soybeans saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $11.64. Soymeal futures...