Soybeans are ignoring any argument of a Turnaround Tuesday, as contracts are up 2 to 11 cents in the front months at midday. Some short covering was noted on Monday, as preliminary OI dropped 3,843 contracts...
Wheat futures are feeling a Turnaround Tuesday pressure. Chicago futures are down 1 to 2 cents at midday. Kansas City contracts are fractionally to 2 cents in the red so far on the day. MPLS spring wheat...
Corn futures sputtered out of the gates on Tuesday morning, but are trading 4 to 5 cents higher through midday activity. CME Group reported that combined open interest hit a one month high of 1,586,978...
Grain markets had a strong start to the week but the Bulls still have their work cut out for them as prices test significant resistance levels.
Soybeans are trading mixed, with August down 1 ½ and other front months slightly higher on Tuesday morning to follow up Monday’s rally. Beans rallied sharply on Monday, with gains of 20 ½ cents in...
Wheat is trading 4 to 8 cents lower after sunrise on Tuesday. Wheat futures faced some early and midday pressure but followed the Minneapolis lead to post gains on Monday. MPLS spring wheat was up 6 to...
Corn prices are fractionally lower in early Tuesday market activity. Futures started off the week in rally mode, as contracts closed with 9 to 11 cent gains across the front months on Monday. A drier forecast...
Hogs gaining strength as cash markets firm
Soybeans closed out their strong overnight start on Monday with gains of 20 ½ cents in August to 32 ¾ in the November contract. Soymeal futures were up $7.10 to $9.40 per ton in the nearbys. Soy Oil...
Corn futures started off the week in rally mode, as contracts closed with 9 to 11 cent gains across the front months on Monday. A drier forecast across much of the Corn Belt as we get into full pollination...