US corn and soybean exports continued their downward trajectory in the week ending June 20, 2024, according to the latest export sales report from the US Department of Agriculture (USDA). This trend contrasts...
Chicago wheat prices are on track for their first weekly gain in a month, driven by increasing demand, according to a report by Reuters. However, the grain is still poised to record its largest monthly...
Markets closed July 4th
Global grains production is expected to reach a record high in the 2023/24 marketing year, driven primarily by a strong rebound in wheat production, according to the latest report from the International...
It was all lower today, except for the Hogs.
End of month profit taking
Wheat futures ended the Friday session with losses though they were off the lows at the close. That was despite a more friendly acreage number, as stocks were burdensome. Chicago contracts were steady...
Corn futures collapsed on the Friday session, as USDA data was less than friendly for the bulls with larger stocks and acreage estimates. Contracts settled down 10 to 16 1/2 cents across most 2024 and...
Soybeans initially got a bounce out of the USDA reports, but failed to hold, as contracts closed mixed, with nearbys down ¾ to 3 cents. New crops was leading the way on a smaller acreage number, with...
Today's afternoon comments are written by Chris Winward