Demand rallies have fits and starts that get checked on the way up. That means it is easy to turn bearish quickly unless you can see the forest from the trees. That demand will be a problem for the USDA...
Wheat futures were mixed across the three main exchanges on Thursday, with the winter wheats feeling pressure. Chicago SRW futures ended the day with fractional to 1 cent losses. KC HRW posted losses of...
Soybeans closed out the Thursday session with contracts rally from the slight midday gains. Futures settled the day with gains of 7 to 11 ¾ cents. Soymeal futures were up $1.90 to $3.20/ton at the closing...
Corn futures came out of the USDA reports in sell mode, but closed with a rally in the last hour and a half of trading. Contracts ended the day with steady to 1 ¼ cent firmer action on Report Day. The...
The October and December contract months are believed to be at risk the most from cattle feeders having paid an exceptionally high price for the incoming feeder steer. With losses over $220.00 per head...
Wheat futures are trading in the red through Thursday’s midday. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW is showing 5 to 6 cent losses. MPLS spring wheat is just fractionally lower...
Corn futures are trading with 4 to 5 ½ cent losses across the nearby board on Thursday following the USDA Crop Production and WASDE reports. There were 52 deliveries against September futures overnight....
Soybeans are posting fractional gains across the front months on Thursday. Soymeal futures are up 70 cents/ton. Soy Oil futures are trading with 44 point gains on the day. There were 10 delivery notices...
Crop Production - 2024-09-12