Soybeans have been forming what some analysts are referring to as a textbook Head and Shoulders formation. Is more downside coming, or will tomorrow’s WASDE report help the market find it’s footing?...
Soybeans are trading with fractional gains across most contracts on Friday morning. Futures posted losses of 11 to 15 cents on Friday, with January down 32 cents on the week. Open interest was down 11,941...
Wheat is showing mixed trade on Monday morning. The wheat complex posted Friday losses across most contracts at the close. Chicago SRW futures posted 3 to 5 cent losses on Friday, with March 2 ¾ cents...
Corn price action is fractionally to 2 cents higher so far on Monday morning. Futures posted losses of a penny to 2 ½ cents on Friday, with March closing the week with a 3 cent loss. Friday’s open interest...
The US soybean market had changed dramatically from the end of September through the end of October, all while the US government was in the dark.
We will be looking for the completion of the 61.8% (302.75) to 61.8% above based on the ONE44 61.8% rule.
USDA WASDE & Crop Production on Tuesday at 11 AM CDT
Jim’s commodity forecast VIDEO is all about: Frigid Fundamental Factors
Corn futures posted losses of a penny to 2 ½ cents on Friday, with March closing the week with a 3 cent loss. The CmdtyView national average Cash Corn price was down 2 ¼ cents on the day at $3.99 1/4....
Soybeans posted losses of 11 to 15 cents on Friday, with January down 32 cents on the week. The cmdtyView national average Cash Bean price was 14 1/4 cents lower at $10.34 1/2. Soymeal futures were down...