Soybean Meal continues to grind down the downward channel with seemingly no end in sight. However, I am opening a long calendar spread this week as % carry yield, CTA momentum, and the relative strength...
Wheat showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7 ¾ to 10 ¾ cents...
Corn posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. The national average Cash Corn price from cmdtyView was down 1 cent at $4.02 3/4 per bu. USDA reported...
Cattle markets fail to hold opening surge
It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were...
Crop Progress - 2024-11-25
A run down of what is happening in the three sectors of corn demand around the world and why it matters.
The soybean market is trading with midday gains of 1 to 2 cents so far on Monday. CmdtyView’s national front month Cash Bean price was up 1 1/2 cents at $9.34 1/2. Soymeal futures are up $2.80/ton on...