The final yield estiamtes from this year's crop tour were just released, here's a recap of this week's findings and price action.
In my opinion, so much transpired this week that it would take a novel to cover all the events.
The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts are 4 to 6 cents lower so far on Friday. KC HRW futures are trading with contracts 7 to 9 cents in the red. MPLS...
Corn futures are holding onto 1 to 2 cent gains across most contracts on Friday. The CmdtyView national average Cash Corn price is up 1 ½ cents at $4.52 ½. USDA reported 205,000 MT of corn sold during...
Soybeans are trading with midday losses of 1 to 3 cents at Friday’s midday. September options expire today. The cmdtyView national average Cash Bean price is down 3/4 cent at $11.98 3/4. Soymeal futures...
Wheat is showing losses of 3 to 8 cents on Friday morning. The wheat complex posted mixed action across the three exchanges on Thursday. Chicago SRW contracts were fractionally to 2 ½ cents higher on...
Soybeans are trading with Friday morning losses of 3 to 4 cents. Futures closed the Thursday session mixed, with contracts down 1 ½ to 2 ½ cents lower across the board. Open interest slipped 4,638 contracts...
Corn prices are 1 to 2 cents lower so far on Friday morning. Futures closed the Thursday session holding onto most of the intraday gains, up 1 to 5 ¾ cents across the front months. Open interest was down...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Soybeans closed the Thursday session mixed, with contracts down 1 ½ to 2 ½ cents lower across the board. The cmdtyView national average Cash Bean price was up 3/4 cents at $11.99 3/4. Soymeal futures...