The triangulation, wedge, or flag pattern has recently produced some definitive price levels for which I believe if exceeded, will cause a directional move. The July 5 high is perceived as the top of...
Better than expected weekly export sales along with a flash sale helped beans recover from the early morning lows. Is the good news enough to help spark some short covering into the weekend?
Soybeans are posting midday strength on Thursday, as contracts are within a couple cents of unchanged. Soymeal futures are down $1.60/ton so far. Soy Oil futures are up 23 points. USDA reported a rather...
Wheat prices mixed around at midday, with the winter wheat exchanges feeling softer and spring wheat heading higher. Chicago futures are down 3 to 5 cents at midday. Kansas City contracts are fractionally...
Corn futures are trading with midday losses on Thursday, as an uneventful Export Sales report has bulls still in hiding. Contracts are down 5 to 7 cents at midday. This morning’s Export Sales report...
Corn and soybeans were mostly lower in the overnight and early morning trade while wheat has been able to cling to positive territory.
Corn prices are down 1 to 2 ½ cents early on Thursday. Futures ended the Wednesday session with contracts ¾ to 3 cents higher. The higher Tuesday and Wednesday price action was still contained within...
Soybeans are posting 2 to 6 cent lower trade on Thursday morning. They closed out Wednesday with front months up ½ to 6 ¾ cents and new crop November and other deferreds down 2 ¼ to 5 ¼ cents on the...
Wheat prices are higher as we trade through the Thursday morning session. All three wheat exchanges were higher on Wednesday. Chicago futures were up 4 to 8 ½ cents per bushel. Kansas City contracts were...
Corn futures ended the Wednesday session with contracts getting a ¾ to 3 cent pop, as futures continued the bounce into the middle of the week. EIA data from this morning showed near record high ethanol...