As we approach the end of the month, we need to remember what Lloyd Christmas once said.
Wheat saw Turnaround Tuesday gains on the Tuesday session. Chicago SRW futures were up 10 to 11 cents in the front months. KC HRW saw nearby gains of 9 to 14 cents at the close. MPLS spring wheat was...
Soybeans closed out the Tuesday session with contracts up 5 to 8 cents across the nearbys on Tuesday. Soymeal futures were up $1.20 to $5.20 per ton. Soy Oil contracts were back down 2 to 55 points across...
Corn futures were slow to react to the deteriorating conditions reported on Monday but saw some strength. Contracts closed with gains of 5 to 7 cents across most contracts at the close. USDA reported a...
I am gauging some of my actions on basis spreads and how much narrower traders will push futures to converge for places to begin marketing again.
Soybeans are posting of 4 to 6 cent gains as we trade trough Tuesday’s midday, adding onto Monday’s strength. Soymeal futures are up $4.20 per ton. Soy Oil contracts are back down 34 points in the...
Wheat is posting some Turnaround Tuesday gains at midday. Chicago SRW futures are up 9 to 10 cents so far on the day. KC HRW is 9 to 15 cents higher in the front months. MPLS spring wheat is 5 to 7 ¼...
Corn futures are showing strength on Tuesday’s midday reversing the slightly weaker overnight trade. Contracts are up 5 to 7 cents across the front months. USDA reported a private export sale of 127,760...