Managing the historic amount of working capital, to produce a pound of beef, has become increasingly more difficult.
Tuesday’s USDA supply and demand report is expected to show very little changed in soybean, corn, and winter wheat.
Corn futures are trading with Monday midday losses of 2 to 3 cents so far. The CmdtyView national average Cash Corn price is down 2 1/2 cents at $3.94 1/4. Export Inspections data showed corn shipments...
Soybeans are trading with midday weakness of 6 to 8 cents in the front months on Monday. The cmdtyView national average Cash Bean price is down 7 ½ cents at $10.41 1/4. Soymeal futures are trading with...
The wheat complex is showing slight losses across the three markets on Monday. Chicago SRW futures are 1 to 2 1/2 cents lower at midday. KC HRW futures are down 3 to 4 cents in most contracts. MPLS spring...
May corn futures present a buying opportunity on more price strength.
Soybeans are slightly 1 to 3 cents lower across the front months on Monday. Futures fell off the intraday highs by 20+ cents, into the Friday close, with contracts closing 2 to 3 cents higher. March was...
Corn prices are steady to a penny lower on Monday AM trade. Futures posted Friday losses of 4 to 5 cents across most contracts on Friday. March was still up 2 cents last week. Some money was coming out...
Wheat is showing mostly lower trade in the winter wheat contracts, with spring wheat slightly higher. The wheat complex fell lower on Friday, with contracts down across the three markets. Chicago SRW futures...