Bean Oil Provides Support.
The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52....
The soybean market is slipping 1 to 2 cents in the front months and showing 1 ½ gains in November. CmdtyView’s national front month Cash Bean price down 2 cents at $10.03 ¾. Soymeal futures are up...
Wheat is trading with gains so far on Friday across the three markets. Chicago SRW futures are fractionally higher at midday. Kansas City HRW contracts are showing fractional gains. MPLS spring wheat is...
Soybean futures are out above significant resistance in the early morning trade, will the strength last into the weekend or will the rally fizzle out?
The soybean market is trading mixed action to start Friday, with nearbys slight lower and new crop ticking higher. Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents....
Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent...
Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures...
Can we believe what we see on the July HRW daily chart from Thursday's close? Or will the market's fundamentals keep buyers away for now?
Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20...
In an interview on AgWeb's Markets Now, Darin Newsom of Barchart discussed the surprising grain market rally led by soybeans despite negative China trade news, a potential corrective bounce in corn with...
Can the Grains Continue to Advance from here - Should the Cattle Markets Expect a 10% Pullback?
Soybeans broke through long-term resistance today, can they maintain the rally?
In my opinion alone, and not to be confused with fact, is that the spread between the optimism of the producer, and the street signs of the economy, are believed as wide as I can ever recall.
While corn, soybean, and wheat prices are higher than their most recent lows, they remain significantly lower than the 2022 high. As the agricultural commodities that feed and increasingly fuel the world...
Corn, beans, and wheat were able to see some strength into Thursday afternoon’s trade while livestock markets seemed to struggle to find conviction on direction.
Corn futures are showing a round of strength on Thursday, with front months up 4 to 5 cents and new crop December steady. The nearby CmdtyView national average Cash Corn price is up 5 1/2 cents at $4.50...
Soybeans are posting midday strength on Thursday, with gains of 3 to 7 cents. Nearbys are leading the charge. CmdtyView’s national front month Cash Bean price i up 7 3/4 cents at $9.98 ¼. Soymeal futures...
The wheat market is holding weaker as futures trade through the Thursday session. Chicago SRW futures are 1 to 2 cents lower at midday. Kansas City HRW contracts are showing 1 to 2 cent weaker trade on...
Are Soybeans on the Verge of a Breakout?