I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The wheat market today showed a bit less strength compared to corn and soybeans,...
The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. KC HRW futures were 1 ¼ to 4 ¾ cents higher at the close. MPLS spring...
Soybeans found late session strength to post 2 to 9 ¾ cent gains, as nearby July was up 14 ½ cents. The cmdtyView national average Cash Bean price was up 10 1/4 cents at $11.46. Soymeal futures were...
Corn futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. The CmdtyView national average Cash Corn price was a nickel higher at $4.13...
Corn prices slipped early but would rally ahead of the noon hour as weather premium comes back into the market. The December contract is quickly approaching a cluster of resistance that sits within the...
If the top has been made, these are the downside projections to anticipate.
Soybeans are mixed at midday, with front months up 2 to 9 cents, led by thin July, as new crop November is down a penny. There were 26 deliveries issued against July futures overnight. The cmdtyView national...
Corn futures are trading with fractional to 2 cent gains so far on Tuesday, pulling off early weakess. There were another 9 deliveries issued against July corn overnight. The CmdtyView national average...
