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Low Cost Trades, with Limited Risk
Technical chart analysis on ICE canola daily nearby contracts. Examining resistance at the 38.2% Fibonacci retracement for Canadian farmers and marketers.
Analysis of recent wheat market momentum for US and Western Canadian grain growers and marketers.
The wheat complex is trading with contract rallying on Friday across the three markets. Chicago SRW contracts are trading 11 to 12 ½ cent gains at midday. KC HRW futures are 16 to 18 cents hihger so far...
Soybeans are posting midday gains of 2 to 4 cents on Friday, as traders square up into the weekend. The cmdtyView national average Cash Bean price was up 3 cents at $11.32. Soymeal futures are $1.40 to...
Corn futures are trading with midday gains of 3 to 4 cants so far on Friday. The CmdtyView national average Cash Corn price is up 3 3/4 cents at $4.12 1/4. USDA reported a private export sale of 286,097...
Wheat is showing 4 to 7 cent gains in early Friday action. The wheat complex was lower across the three markets on Thursday. Chicago SRW contracts were down 1 1/2 to 11 cents across the board, led by the...
Soybeans are trading with fractional to 2 cent gains early on Friday. Futures firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in...