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Our three reads on real soybean market fundamentals give us a mixed view, including basis in overs versus deferred futures contracts.
Grain futures prices have been consolidating to start the week but are showing signs of a potentially bigger relief rally
Corn is 3 to 4 cents higher in early Wednesday trading. Corn closed out the Turnaround Tuesday session with positive price action. Futures were 2 ½ to 5 ¼ cents higher on the day, spurred by some likely...
The wheat market is higher on Wednesday morning. 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...
Soybeans are kicking off Wednesday morning with gains of 4 to 9 cents. Soybeans gave back some early gains as bears defended their lop sided net short position, but closed higher on Tuesday. Futures were...
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...