Corn futures are showing midday gains of 7 to 9 cents across most nearby contracts on Monday. Condition ratings expected out this afternoon via the Crop Progress report is estimated to be steady. The...
Soybeans are posting double digit gains across most contracts on Monday, with contracts up 17 to 29 cents. Soymeal futures are up $4.60 per ton. Soy Oil futures are 48 points higher in the August contract....
Wheat futures are mixed across three US markets, as MPLS spring wheat is up 6 to 10 ½ cents across most contracts. Chicago futures are 2 to 3 cents in the green at midday. Kansas City contracts are the...
Corn and soybeans are higher to start the week and threatening a breakout above the top end of the recent range. How much upside potential is left?
Soybeans started out the overnight session stronger and are continuing that trend with 9 to 15 cent gains this morning. Futures settled 1 ¼ to 7 ¼ lower on Friday, with the inverse, aka backwardation,...
Corn prices are starting off the week with gains of 3 to 4 ½ cents Futures couldn’t hold initial gains on Frida, as quite a few markets sold off going into the weekend. Net changes were fractional,...
Wheat is trading with mixed action on your Monday morning, as spring wheat is continuing to lead the bull charge. Futures were swimming against the bearish tide on Friday, or perhaps unwinding some inter-market...
Corn, soybeans, and wheat are all higher to start the week. Will the rally be able to not only hold, but extend towards the next big resistance levels?
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Occam's razor tells us the simplest answer is usually closest to the truth. We need to keep this in mind as we look at the early rally in the Grains sector Monday morning.