WALSH PURE SPREADER - Pure Hedge Division
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...
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...
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...
Basis improved greatly today. Thin trading from lack of human participation is believed to have allowed the computer generated algorithmic programs to dictate trading.
Corn futures are trading with Wednesday gains, following spillover strength in the wheat and a weaker US Dollar index this week. Futures are up 3 to 4 ¼ cents at midday. The CmdtyView national average...
Soybeans are posting 8 to 9 cent gains across the front months on Wednesday, pulling off the early morning gains. The cmdtyView national average Cash Bean price is 8 1/4 cents higher at $10.07 3/4. Soymeal...
The wheat complex is in rally mode on Wednesday. Chicago SRW futures are posting 13 to 14 cent gains on Wednesday. KC HRW futures are trading with 10 to 12 cent gains on the day. MPLS spring wheat is 4...
After a mixed trade on Tuesday, grain markets are posting strong gains early in Wednesdays trade. Is a bigger rally looming?