Technical analysis of Canadian canola futures testing key support at the 200-week moving average as market trends flatten and test new highs.
Corn futures are deviating from the $4.01 losses in crude at midday with deteriorating conditions giving bulls a reason to take back the Monday losses. Contracts are up 7 to 8 cents on Turnaround Tuesday....
The wheat complex is back to steadier trade on Tuesday, with contracts trying to post strength. Chicago SRW contracts are fractionally to a penny higher at midday. KC HRW futures are down 2 to 3 cents...
Soybeans are trading with 7 to 9 ½ cent gains as futures get a bounce at Tuesday’s midday. The cmdtyView national average Cash Bean price is 7 cents higher at $11.71 1/4. Soymeal futures were 40 cents...
September soft red winter wheat futures present a selling opportunity on more price weakness.
Corn price action is just fractionally higher on Tuesday morning trade. Futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents, across the board, led be the front months. Open interest...
Wheat is showing early Tuesday weakness with losses of 3 to 9 cents. The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. Open...
Soybeans are trading with 3 to 5 ½ cents losses so far on Tuesday morning. Futures fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role....
The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. KC HRW futures closed with 10 to 16 1/4 cent losses on the day. MPLS spring...