Grains kept bleeding into the afternoon, with corn hitting fresh contract lows, soybeans finally cracking 30-plus cents, and wheat grinding toward key support—all now oversold and due for a possible...
This is no place for the weak at heart. Few fundamentals appeared to have changed this week, leading me to anticipate more volatility and price expanse.
Corn futures are ramping up their death spiral liquidation from the last few weeks, with contracts down another 8 to 9 cents at midday. The CmdtyView national average Cash Corn price was is 8 3/4 cents...
The wheat complex is extending the losses on Thursday, with the three exchanges falling at midday. Chicago SRW futures are 6 to 7 cents lower on Thursday. KC HRW futures are down 4 to 5 cents so far on...
Soybeans are trading with 29 to 31 cents losses so far on Thursday. The cmdtyView national average Cash Bean price is down 30 1/4 cents at $10.64 1/4. Soymeal futures are $8.50 to $9 lower, with Soy Oil...
Wheat is seeing a slight recovery on Thursday AM, with contracts higher across the three markets. The wheat complex continued the downtrend on Wednesday, with losses across the three exchanges. Chicago...
Corn price action is down 2 to 3 cents early on Thursday. Futures continued the recent slide to new lows for the move on Wednesday, down 5 to 9 cents in most contracts. July closed in on the contract low,...
Soybeans are trading with 5 to 6 cent losses on Thursday morning. Futures broke to the downside on Wednesday, with contracts down 8 ½ to 11 ¼ cents at the close. Open interest was down 3,408 contracts...