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...
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...
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...
The Next Couple of Weeks Could Bring Large Price Swings
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...
Beans Dip Slightly
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.
Corn futures are posting 4 to 6 ½ cent gains so far on the Monday session, following a bull friendly USDA release. The national average Cash Corn price from cmdtyView is up 4 cents at $3.89 per bu. This...