The cash trading this week has seemingly caused futures to run towards it, converging basis. Without expectations of higher cash, I would not expect today's gains to hold. The push to new highs in August...
Corn and soybeans were higher in today's trade following better than expected new crop export data. These are the levels we are keeping an eye on as we head into Friday's trade.
Wheat futures are trading with weaker action on Thursday across the three exchanges. Chicago SRW futures are down 6 to 8 cents at midday. Kansas City HRW contracts are down 4 to 6 cents. MPLS spring...
Soybean futures are posting 9 to 18 cent gains so far on Thursday, as meal is helping to push things higher. Soymeal futures got a positive export sales report, with midday price action up $8.40/ton. ...
Corn futures are trading with 2 to 4 cent gains so far through midday, as the week’s marginal rally continues. The Western Corn Belt remains dry for the next week, with some mild showers expected in...
Corn trade is showing fractional gains so far this morning. Futures rounded out the midweek session with fractional to 2 cent gains across most contracts. The Western Corn Belt remains dry for the next...
Soybean prices are down 1 to 2 cents going into the USDA weekly Export Sales report. Futures were down 6 to 12 cents at the close on Wednesday. Soymeal futures ended the day with gains of 70 cents to...
Wheat prices are trading lower ahead of this morning’s Export Sales report. They were mixed at the settle on Wednesday as price action shifted among the three exchanges. Chicago SRW futures led the...
Corn futures rounded out the midweek session with contracts showing fractional to 2 cent gains across most contracts. The Western Corn Belt remains dry for the next week, with some mild showers expected...
Soybean futures faded off any early strength on Wednesday, as contracts were down 6 to 12 cents at the close. Soymeal futures ended the day with gains of 70 cents to $1.50. Soy Oil futures were the weak...