Grain markets were lower to start the overnight trade on the back of tariff talk, but have battled back and firmed in the early morning trade.
Corn futures are showing fractional losses on Tuesday morning trade. They posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. Preliminary open interest...
Wheat is posting a Turnaround Tuesday bounce early in the session, with the three exchanges pushing higher. Futures showed up to this week’s Thanksgiving prelude with weakness across the three markets....
Soybeans are trading with 4 to 5 cent gains across the nearbys to kick of Tuesday trade. The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. Preliminary...
Cocoa and coffee keep soaring, while rapeseed tests support after a sharp pullback.
Soybean Meal continues to grind down the downward channel with seemingly no end in sight. However, I am opening a long calendar spread this week as % carry yield, CTA momentum, and the relative strength...
Correction Time for the Feeders...
The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.35. Soymeal futures were up...
Wheat showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7 ¾ to 10 ¾ cents...
Corn posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. The national average Cash Corn price from cmdtyView was down 1 cent at $4.02 3/4 per bu. USDA reported...