Grain markets finished the week on a high note following what was a friendly report from the USDA. Can the rally continue next week?
In my opinion, a great deal of resolve has been seen this week. A new Presidential administration, the Fed lowered rates, and cattle/beef seemingly made highs for which few were willing to pay.
Soybeans are fading off the post report highs by more than a dime after a yield cut saw double digit gains. Contracts are back down 3 to 4 cents at midday. CmdtyView’s national front month Cash Bean...
The wheat market is falling lower across the three exchanges on Friday after a dull USDA report. Chicago SRW futures are down 4 to 7 cents on the day. KC HRW contracts are 8 to 9 cents lower at midday....
Following a bull friendly USDA report, midday price action has corn falling off is highs. Contracts are just fractionally higher as we trade through Friday. The national average Cash Corn price from cmdtyView...
Crop Production - 2024-11-08
WASDE - 2024-11-08
Wheat is showing mixed action so far on Friday morning. The wheat market fell lower across the three exchanges to close out the Thursday session. Chicago SRW futures were down 1 1/2 to 2 1/2 cents on the...
Soybeans are pulling back to kick off Friday, with losses of 3 to 7 ½ cents. Bulls found some more spark after midday to extend the strength into the close. Contracts rallied 16 to 22 ¾ cents on the...
Corn is posting fractional to penny gains so far on Friday morning. Futures got some late session strength on Thursday to close with gains of ½ to 2 cents across the board. The national average Cash Corn...