Oliver Sloup on Markets on the Move: Grain futures worked higher to start the week with corn knocking on the door of a breakout above the 200-day moving average. Soybeans and wheat found relief and livestock...
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Expect lower trading volume during the holiday week.
With 11.7 million head on feed and all going to be fed longer, beef production through the first quarter is expected to be elevated.
Corn futures are trading with contracts up 2 to 3 cents in the front months. The CmdtyView national average Cash Corn price is up 2 1/2 cents to $4.02 1/2. Monday morning’s Export Inspections report...
Soybeans are showing 2 to 4 cent gains across most contracts on Monday. The cmdtyView national average Cash Bean price is 2 3/4 cents higher at $9.81 1/2. Soymeal futures are showing firmer trade on Monday,...
The wheat complex is trading with gains across most contracts on Monday. Chicago SRW futures are up 4 to 5 cents at Monday’s midday. KC HRW futures are up 5 to 6 cents so far on the day. MPLS spring...
Grain and livestock markets are gaining some ground to start the shortened holiday week, can it lead to a breakout? Oliver Sloup joins RFD-TV to break it down for you.