Managed Money Long all wheat Classes
We look at Canola's resistance and critical support levels.
Corn prices are down 3 to 5 cents so far on Tuesday’s midday. The CmdtyView national average Cash Corn price is down 5 cents at $4.09 1/4. Crude oil is up $2.48 at midday ahead of President Trump’s...
Soybeans are showing 9 to 11 cent losses in the front months on Tuesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $10.87 1/2. Soymeal futures are down $$3.70 to $5 in the...
The wheat complex is mixed at midday, with the soft red contracts higher. Chicago SRW futures are fractionally to a penny in the front months so far on the day. KC HRW futures are trading with 2 to 3 cent...
A sideways trade in soybeans has been present for the better part of the last month, with a rangebound trade in corn starting to develop. These are the levels to keep an eye on into this week’s USDA...
Corn prices are down 1 to 2 cents on Tuesday morning. Futures got a pop coming out of the Easter holiday weekend, with contracts closing 1 ¾ to 2 ½ cents in the green. Open interest was down 2,386 contracts...
Soybeans are down 1 to 2 cents early on Tuesday. Futures posted gains on Monday, with contracts 3 to 5 1/2 cents higher at the post-Easter close. Open interest was up 3,222 contracts on Monday. The cmdtyView...
Wheat is extending weaker on Tuesday, despite weaker than expected conditions reported by NASS on Tuesday. The wheat complex was mostly lower on Monday across the three markets. Chicago SRW futures were...
Strong buying takes price sharply higher
