Grains Break Before the WASDE Report Tomorrow - Cattle Markets Look Tired as They Settled Well Below the Highs of the Day.
The wheat complex is trading with midday losses across the three exchanges. Chicago SRW contracts is down 9 to 10 cents so far on the day. KC HRW futures are falling 9 to 10 cents lower across the front...
Soybeans are posting 9 to 11 cent losses at Tuesday’s midday. The cmdtyView national average Cash Bean price is up 3 ½ cents at $11.36 1/4. Soymeal futures are up 50 to 70 cents lower, with Soy Oil...
Corn futures are trading with most contracts fractionally lower so far on Tuesday. The CmdtyView national average Cash Corn price is down 3/4 cent at $4.07 1/4. Monday’s Crop Progress report showed 94%...
Wheat is showing 3 to 5 ½ cent losses so far on Tuesday AM trade. The wheat complex posted mixed trade on Monday, with winter wheats holding firm and spring wheat slipping lower. Chicago SRW contracts...
Soybeans are trading with 1 to 2 cent losses early on Tuesday morning. Futures posted modest strength on Monday, with contracts up 1 ¼ to 5 ¾ cents across the board. Open interest was up just 2,694 contracts....
Corn is showing very little price movement so far on Tuesday morning, with contracts fractionally lower. Futures closed out the Monday session with contracts down ¾ to a penny higher across the board....
If I give you 10 guesses as to what had crude oil boiling again overnight, you would only need one to get the answer correct.
WALSH PURE SPREADER - Pure Hedge Division
Soybeans futures posted modest strength on Monday, with contracts up 1 ¼ to 5 ¾ cents across the board. The cmdtyView national average Cash Bean price was up 3 ½ cents at $11.36 1/4. Soymeal futures...