Grain markets have been on fire over the past few weeks, how much upside is left?
With fund money pouring into the Grains sector, the spotlight is on two markets as the new positioning week gets under way: Wheat (the Cockroach) and Corn (ethanol/whisky).
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Corn futures are on the rise this week on the heels of nine days of higher highs....
Soybeans posted gains of 11 ½ to 14 cents across the board on Tuesday. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $12.01. Soymeal futures were steady to $1.10 higher on the...
The wheat complex is showing mostly higher trade on Tuesday, pushing off early losses. Chicago SRW contracts were 3 ¾ to 8 ¾ cents higher across the board. KC HRW futures were 3 ½ to 7 ¾ cents in the...
Corn futures rounded out the Tuesday session with contracts up 7 ¾ to 10 ¼ cents on the session. All contracts closed the session over the $5 mark. The CmdtyView national average Cash Corn price was...
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