Corn futures are trading fractionally to 1 1/2 cents lower to start the week. Corn saw 1 to 3 cent gains in most contracts on Friday, boosted by strong export sales data. Dec was up 2.05% on the week....
Soybean futures are mostly 1 to 3 cents lower this morning. They closed Friday with 6 to 7 1/4 cent gains in the front months, as Jan was 2.46% higher on the week. Nearby soy meal was down 90 cents/ton,...
Wheat futures are 2 to 4 cents lower this morning. The December contracts may not expire until Friday, but none of them traded overnight. Wheat posted sharp 10 to 16 1/2 cent gains on Friday, with bulls...
Corn (ZC) edged higher yesterday, closing the week at triangle resistance (on the daily chart). Significantly, ZC has decisively broken above a downtrend/descending wedge resistance (on the weekly chart)...
Soybean futures closed Friday with 6 to 7 1/4 cent gains in the front months, as Jan was 2.46% higher on the week. Nearby soy meal was down 90 cents/ton, with soy oil 3 points higher. Friday morning’s...
Wheat futures posted sharp 10 to 16 1/2 cent gains on Friday, with bulls running on good export sales data. March was 3.01% higher on the week in CBT, with KC up 2.35% and MPLS gaining 1%. The USDA reported...
Corn futures saw 1 to 3 cent gains in most contracts on Friday, boosted by strong export sales data. Dec was up 2.05% on the week. This morning’s delayed weekly Export Sales update indicated that...
Corn futures are trading 2 to 3 cents higher at midday, boosted by decent export sales data. This morning’s delayed weekly Export Sales update indicated that 1.177 MMT corn was purchased in the...
Soybean futures are up 6 to 6 3/4 cents in the front months on Friday. Nearby soy meal is up 30 cents/ton, with soy oil a point higher. Friday morning’s delayed export sales report showed that 890,932...
Wheat futures are showing sharp 9 to 17 1/2 cent gains on Friday, with bulls running on good export sales data. The USDA reported a private export sale of 224,000 MT of HRW wheat for 18/19 delivery to...
So, it would appear that we are back to a waiting game. It is not that we have really ever left it and in fact have been in a large semi-directionless period for the past four years but of course the most...
Russia is on board with OPEC production cuts which should rally the markets from the abyss. We have Export Sales, Unemployment and Wholesale Trade at [...]
Wheat futures are mostly 1 to 5 cents higher this morning, with two of the three December contracts not trading overnight despite still being deliverable. They ended Thursday with 2 to 6 1/4 cent losses...
