The soybean market 2 to 4 ¼ cents in the red, though the new crop market was a penny higher. The Jan to Nov inverse is now less than 50c. Soymeal futures closed $2.10 to $3 in the red. Soybean Oil futures...
The recovery in the wheat futures market continued with another up day. Minneapolis futures were 4 ¼ cents higher, while the KC HRW ended the session up by 8 ¾ cents. SRW futures finished the day 12...
The decline in the feeder cattle index has been minimal. It is down 11.5% from its September high. Yes, it does seem like it is more than that due to the extent of the decline in futures. However,...
In the following interview, Doug Christie, an ex-Cargill agribusiness executive and author of Agricultural Commodities Focus, provides an overview of USDA reports and explains how USDA reports impact the...
Agricultural Prices - 2023-11-30
Thursday’s wheat market is working through midday with 0.8% to 1.7% gains. Chicago futures are trading 8 ¾ to 9 ¾ cents so far. KC HRW futures are up 5 to 10 ¾ cents so far. The spring wheat market...
Beans are fading with fractional to 2 ½ cent losses across the front months for Thursday. The Jan contract has printed a 30 ½ cent range. Soymeal futures are mostly lower, though the Dec contract is...
Soybeans are trading 1 to 5 ½ cents weaker so far ahead of the weekly Export Sales report. Jan soy futures stayed in a 15 cent range on the day, with soybeans settling fractionally higher. Soymeal futures...
