Weakness in Brazil's currency is helping to give shorts the edge in the coffee market, while cocoa looks vulnerable to sharp reversals.
Grain markets were relatively mute to start the new month but are finding their footing in the early morning trade. Can the momentum continue through the session?
The wheat complex is starting off Tuesday trade with some strength. The three exchanges were was mostly lower on Monday, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally...
The corn market is trading with 1 to 2 cent gains so far on Tuesday morning. Futures settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally...
Trent Klarenbach analyzes the corn futures market as of December 2nd, 2024. He discusses past price movements concerning technical indicators like the 50-day and 200-day moving averages, predicting a...
The wheat complex was mostly lower across the three exchanges, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally to 2 ½ cents, with Dec up 5 ¼ cents. KC HRW contracts...
Corn settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally higher. The rest of the old crop contracts were fractionally lower. The national...
Soybeans posted weakness to start the week, with losses of 4 to 5 ½ cents across the board. CmdtyView’s national front month Cash Bean price was down 3 cents at $9.36. Soymeal futures added to the pressure...
Feeders surge and then falters, cattle follows along