From the mid day cattle comment, I recommend doing whatever it takes to make sure you have a floor underneath your cattle. This is a sales solicitation. The wedge, triangle, or sideways trading is...
Corn market participants have seen a steep fall after prices peaked in the Spring of 2022. Last year's planting season rally saw prices peak at $6.30 based on the new crop December 2023 futures. Many farmers/producers...
Soybeans rounded out a stronger trade session on Tuesday with some contracts pulling nearly a dime off the intraday high. Still, futures were up 1 ¼ to 4 cents at the close, as front month August posted...
Corn closed out the Turnaround Tuesday session with positive trade action. Futures were 2 ½ to 5 ¼ cents higher on the day, spurred by some likely short covering. Predicted 5 day rain accumulations...
Wheat bulls tried to battle back for a Turnaround Tuesday bounce, but bears were too much to handle, as all three exchanges were lower. Chicago futures were down 1 to 5 ½ cents at the close. Kansas City...
Key Support Tested and Holding
Wheat futures are mixed so far through Tuesday’s midday. Chicago futures are fractional to 2 cents in the green. Kansas City contracts are slipping back fractionally to 2 cents. MPLS spring wheat futures...
Soybeans are trading with 12 cent gains in August, as other contracts are up 4 to 6 cents. Soymeal futures are showing a $3.80/ton pop in the August contract. Soy Oil futures are up 38 points. Crop Progress...
Corn futures are trading through the Turnaround Tuesday session with contracts 5 to 7 cents higher. Predicted 5 day rain accumulations show 1-2” over the southern portions of the Corn Belt this week....
Grain futures prices have been hit hard over the last several weeks but are showing signs of firming in the early morning trade, will it last?