Wheat futures are rebounding from a sharp three-wave decline, with potential upside toward the $6.10–$6.15 range driven by weather concerns and the upcoming WASDE report, though seasonal harvest pressure...
The trade sees U.S. stocks near USDA's May marks — but expects South American production to climb. Here's the breakdown.
Wheat is higher across most contracts so far on Tuesday Wednesday. The wheat complex posted mixed action on Tuesday. Chicago SRW were up ½ to 2 cents in the front months on Tuesday, with other contracts...
Corn prices are up 3 to 5 cents so far on Wednesday morning. Futures fell back off midday gains on Tuesday, with contracts steady to 1 ½ cents lower, with a ¾ cent gain in front month July. Open interest...
Soybeans are trading with 5 to 7 cent gains early on Wednesday. Futures were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. Open internet was down 6,156 contracts on Tuesday...
September soybean meal futures present a swing-trade buying opportunity.
Corn pushes toward resistance, beans steady, wheat rebounds—will the strength stick through the session?
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The only grain market staying above the 200-day moving average is Chicago Wheat,...
Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were down $1.60 to $2.70...
The wheat complex posted mixed action on Tuesday. Chicago SRW were up ½ to 2 cents in the front months on Tuesday, with other contracts down ¼ to 1 ½ cents. KC HRW futures saw fractional to 1 ½ cent...
