Cattle markets power to new highs and Hogs making a comeback
You say you want a Resolution? Well, you know… Jim’s got a bunch of them for your trading success… It’s gonna be alright!
Corn futures closed out the Friday session with contracts up 14 to 15 cents across most front months, with September and beyond just 1 to 4 ¼ cents higher. March held onto 19 ¾ cent gains on the week...
Soybeans closed out the Friday session rallying 9 ¾ to 26 ½ cents across the board, led by the nearbys on bullish USDA data. March was 33 ½ cents higher on the day. CmdtyView’s national front month...
Wheat futures were mixed across the three exchanges on Friday as USDA reports were less friendly for the small grain. Chicago SRW futures were down ½ to 3 ¼ cents in the nearby contracts, with deferreds...
Bullish Corn Data Spurs Report Day Rally
The resilience of the consumer has been discussed, dragged over the coals, put to bed and now woken back up again for further discussion.
Corn futures are rallying on Friday after a friendly set of USDA numbers were released this morning. Contracts are up 10 to 12 points at midday. The national average Cash Corn price from cmdtyView is up...
Soybeans are trading with 16 to 24 cent gains at Friday’s midday, following a USDA yield cuts and tighter stocks. CmdtyView’s national front month Cash Bean price is up 22 cents at $9.65 1/2. Soymeal...
Wheat futures are holding up on Friday, with help from the rest of the grains, as contracts are up across the three exchanges. Chicago SRW futures are fractionally higher in the nearby contracts at midday....
Grain Stocks - 2025-01-10
Crop Production - 2025-01-10
WASDE - 2025-01-10
Grain markets are relatively quiet in the early morning trade as market participants gear up for the monthly data dump from the USDA.
Wheat futures are mixed across the three exchanges so far on Friday AM trade. The wheat market saw some late session buying off the midday lows on Thursday, though contracts still closed lower on pre-report...
Soybeans are trading with fractional to 3 cent gains so far on Friday AM trade. Bulls posted higher trade on Thursday with contracts up 4 to 6 cents in most front months, despite a weaker start to the...
Corn price action is showing another round of 1 to 2 cents so far on Friday. Futures posted some gains heading into the Thursday close, ahead of USDA report day, as contracts were up 1 to 2 ½ cents across...
I was asked what my "favorite" market is heading into 2025. My answer was what it has been for the past two decades - Corn.
Corn futures posted some gains heading into the Friday USDA report day, as contracts were up 1 to 2 ½ cents across most months. The national average Cash Corn price from cmdtyView was up 1 1/2 cents at...
Soybean bulls posted higher trade on Thursday with contracts up 4 to 6 cents in most front months, despite a weaker start to the shortened session. CmdtyView’s national front month Cash Bean price was...