When queried about rumors that Russia would be curbing wheat exports this year due to the short-fall in production, the official word from ag ministry is nyet. That said, it is interesting that they met...
No major reports to focus on this morning but news China is sending a team to reopen talks before the next round of tariffs begin [...]
Soybean (ZS) staged a massive 3% plus rally yesterday, but is due for a bit of consolidation today as it bumps up against triangle resistance (on the 4hr chart). Significantly, ZS has recovered downchannel...
Promise of resumed China trade talks boosts major markets.
June can be a good month of weather rallies as spec traders look to play the upside while farmers look to market more corn and soybeans. Listen to industry expert Craig Turner discusses his expectations....
Grains find support in the overnight and early morning trade, is it sustainable?
Corn (ZC) is rallying strongly in today's Asia morning, reclaiming downchannel resistance (on the daily chart) and approaching the same chart's triangle resistance. Significantly, ZC is firming...
Today's Commentary
Corn futures closed the day with fractional to 1 cent losses in most nearby contracts, as September was up 1.82% on the week. CFTC data on Friday showed spec traders trimming their net short position in corn futures and options by 4,743 contracts dur...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.