Written by Chris Winward This week's price action left the cattle bulls sailing into the weekend with plenty of reasons to celebrate holding out for higher prices in the cash and futures markets. The...
Bean Oil Provides Support.
Wheat is trading with gains so far on Friday across the three markets. Chicago SRW futures are fractionally higher at midday. Kansas City HRW contracts are showing fractional gains. MPLS spring wheat is...
The soybean market is slipping 1 to 2 cents in the front months and showing 1 ½ gains in November. CmdtyView’s national front month Cash Bean price down 2 cents at $10.03 ¾. Soymeal futures are up...
The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52....
Soybean futures are out above significant resistance in the early morning trade, will the strength last into the weekend or will the rally fizzle out?
Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures...
The soybean market is trading mixed action to start Friday, with nearbys slight lower and new crop ticking higher. Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents....
Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent...
Can we believe what we see on the July HRW daily chart from Thursday's close? Or will the market's fundamentals keep buyers away for now?
Corn, beans, and wheat were able to see some strength into Thursday afternoon’s trade while livestock markets seemed to struggle to find conviction on direction.
Live cattle futures are extending the recent strength on Thursday with gains of 25 cents to $1.075. Cash trade has been quiet so far this week. This morning’s Fed Cattle Exchange online auction from...
Lean hog futures show mixed trade on Thursday with May up a tick and other contracts down 30 to 40 cents. USDA’s national average base hog negotiated price was down $1.37 from the day prior at $90.22...
Live cattle make new contract highs. How much more gas is in the tank? Lean hogs stall right at technical resistance, time for a retracement?
Live cattle futures rallied on Wednesday, supported by some stronger outside equity factors. Contracts were up $1.30 to $1.85 at the close. Preliminary open interest suggested net new buying, up 3,249...
Lean hog futures fell off into the Wednesday close to end to the day with contracts down 35 cents to slightly higher in some deferred months. Preliminary open interest was up 2,027 contracts. USDA’s...
Lean hog futures slipped back into the close to end to the day with contracts down 35 cents to slightly higher in some deferred months. USDA’s national average base hog negotiated price was up $1.87...
Live cattle futures posted continued strength on Wednesday, helped by some stronger outside equity factors. Contracts were up $1.30 to $1.85 at the close. Cash trade has been quiet so far this week, with...
Still kicking the same dead horse, but this time with a little more enthusiasm.