The corn market is giving back a big chunk of Thursday’s rally ahead of the weekend, with futures down 4 to 5 cents at midday. The US dollar is up sharply on big May employment gains, making US exports...
Wheat futures are down by double digits per bushel at midday, across all three exchange traded classes. There is a well worn axiom that says “Wheat takes no prisoners”. When it gets on a trending...
Soybean futures have totally erased their gains from Thursday, trading 14 ¾ to 20 cents lower as we head toward lunch time in the central US. Preliminary open interest data shows short covering in nearby...
Technical analysis of the wheat market to assist traders and farmers with grain marketing
#5 | Taking Off Sustainable aviation fuel production is taking off, literally, with 18.7 million gallons of renewable jet fuel RINs generated in the first quarter of 2024, up 250% year-on-year. Better...
Corn and soybean futures prices saw big rallies in Thursday's trade but have so far failed to find any follow-through to the upside. Was Thursday's trade just a relief rally or is there more upside to...
Wheat prices are lower on all three US markets in early Friday trading, with Chicago down 10 to 13 cents, KC contracts down 15, and MPLS down 6 ½ to 8 cents. Chicago SRW had settled 6 ¾ to 7 ¼ lower...
The corn market is trading 1 to 2 cents lower in early Friday activity after a strong rebound rally on Thursday. Corn prices settled 9 ¼ to 13 higher on Thursday, with most contracts only a penny or...
Soybean prices are 6 to 11 cents lower as we look ahead to the weekend and longs take some of their Thursday profits off the table. Thursday was good for soybean bulls, with futures settling 15 ¾ to...
Thursday was good for soybean bulls, with futures settling 15 ¾ to 22 ¾ higher. Soymeal settled $2.60 to $3.30 per ton higher. Soy Oil futures overcame recent weakness and were up 119 to 122 points...