May soybean meal futures present a buying opportunity on more price strength.
Corn price action is up 1 to 3 cents so far on Thursday morning. Futures got some spillover strength from gains in wheat and recent weakness in the US dollar index, as contracts closed with 1 ¼ to 3 ½...
Wheat futures are higher in all three exchanges on Thursday morning, extending gains from Wednesday. The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago...
Soybeans are showing higher trade on Thursday, up 7 to 9 cents in the front months. Futures got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. OI showed...
WALSH PURE SPREADER - Pure Hedge Division
The wheat complex was in rally mode on Wednesday, posting strength across the three markets. Chicago SRW futures were 8 to 12 ¾ cents in the green to close the session. KC HRW futures saw Wednesday gains...
Soybeans got some strength on Wednesday from spillover in soybean meal, as contracts were 7 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 9 1/4 cents higher at $10.08 3/4. Soymeal...
Corn futures got some spillover strength from gains in wheat and recent weakness in the US dollar index, as contracts closed with 1 ¼ to 3 ½ cent gains across the board. The CmdtyView national average...
Basis improved greatly today. Thin trading from lack of human participation is believed to have allowed the computer generated algorithmic programs to dictate trading.