Corn price action is up 2 to 3 cents in most contracts. Futures closed the Tuesday trade with contracts 1 ½ to 3 cents higher on the session. Preliminary open interest was down 3,986 contracts, mostly...
Wheat is trading with early Wednesday weakness. The wheat complex was back in rally mode with gains across the three markets on Tuesday. Chicago SRW futures were 5 to 8 cents higher on the session. Open...
Soybeans prices are 1 to 4 cents so far on Wednesday. Futures were in rally mode on Tuesday, with bean oil continuing to pull the market higher, up 6 ¾ to 9 1/4 cents on the beans. Open interest was down...
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. I really like this chart for July 2026 Kansas City wheat (Hard Red Winter Wheat)....
The wheat complex was back in rally mode with gains across the three markets on Tuesday. Chicago SRW futures were 5 to 8 cents higher on the session. KC HRW futures saw 7 ½ to 9 ¾ cent gains on the day....
Corn futures closed the Tuesday trade with contracts 1 ½ to 3 cents higher on the session. The CmdtyView national average Cash Corn price was up 2 1/4 cents at $4.18 1/2. USDA reported two private sales...
Soybeans were in rally mode on Tuesday, with bean oil continuing to pull the market higher, up 6 ¾ to 9 1/4 cents on the beans. The cmdtyView national average Cash Bean price was up 9 1/4 cents at $11.11...
We could see a lower trade across the board tomorrow. Risk Off Environment
A Head & Shoulders pattern is believed the same as the final 3 waves of a bull market, combined with the first 3 waves of a bear market.