Today marked the end of the quarter, coupled with a USDA report we saw a choppy trade in the markets. Here’s a summary of today’s closing prices and major headlines.
Corn futures closed out the Monday session with nearby contracts up 5 to 6 ¾ cents, and deferred contracts down a penny to 2 ¼ cents higher. The national average Cash Corn price from cmdtyView was up...
Wheat futures saw gains across all three exchanges on Monday following some friendlier USDA data. Chicago SRW futures were up 2 ½ to 4 ¾ cents across the board. KC HRW contracts were up 3 to 7 cents...
Soybeans posted 3 to 8 ¾ cent losses across the board on Monday following slightly higher trade at midday. CmdtyView’s national front month Cash Bean price was down 9 3/4 cents at $9.95 ¾. Soymeal...
Last week's higher cash trade on Friday surprised many traders with mostly $1-2 higher in the south and $2-3 higher in the north. It was on light volume and given the increase in weights and boxes below...
Crop Progress - 2024-09-30
Looking at the market developments I am watching this week that are likely to have the greatest influence on price.