Futures traders were no friends to the cattle feeder today. Little in the way of premium on fat futures to work from, and higher feeder cattle prices to just add a little insult to injury.
Soybean trade is pushing higher on Wednesday, with contracts up 8 to 15 cents. Soymeal is 40 cents/ton in the front months, with Soy Oil up 79 to 159 points on the day. There were again zero deliveries...
The wheat market is down at midday. Chicago futures are showing mixed action with July up 1 ½ cents and others heading lower. Kansas City futures are down 4 to 6 cents on Wednesday. MPLS spring wheat...
Corn prices are showing mixed trade on Wednesday, within a penny on unchanged ahead of the holiday. There were 31 contracts issued against July futures deliveries overnight, with Bunge stopping all of...
The wheat market is posting mixed trade so far on Wednesday morning. They fell lower on the Tuesday session. Chicago futures gave back some of Monday’s gains with losses of 5 ¾ to 9 ¼ cents. Kansas...
Corn prices are trading steady to down 1 ¼ cents so far on the day before the holiday break. Futures closed out the Tuesday session mixed, as contracts faded off the early strength. Front months were...
Soybean trade has Wednesday morning price action 6 to 7 cents higher so far. They ended the Tuesday session with contracts mixed, as nearby contracts were up ¼ to 5 ½ cents, as back months were ¾ to...
The wheat market fell lower on the Tuesday session. Chicago futures gave back some of Monday’s gains with losses of 5 ¾ to 9 ¼ cents. Kansas City futures slipped back 1 ¾ to 9 ¾ cents. MPLS spring...
Soybeans ended the Tuesday session with contracts mixed, as nearby contracts were up ¼ to 5 ½ cents, as back months were ¾ to 2 ¾ cents lower. Soymeal was up $1.30 to $3.20/ton in the front months,...