Grains are weaker across the board after weekend weather looks mostly favorable.
Corn prices are down 5 to 8 cents this morning as we kick off a new week. Futures contracts were up 4 to 7 ¾ cents across the board on Friday. Preliminary open interest showed some net new buying, up...
The wheat market is trading with mostly lower action to start Monday morning. The three contracts were in rally mode to close out the week, after USDA reported a solid round of export activity. Chicago...
Soybeans are posting 14 to 19 cent lower trade on Monday morning, after holding decent gains on Friday. Contracts were up 8 to 12 cents across most months. Preliminary open interest rose 8,373 contracts,...
Monthly USDA reports on Friday
Soybeans posted decent gains on Friday, with contracts up 8 to 12 cents across most months. Soymeal was up $7.10/ton in the August contract with July $16.50 higher. Soy Oil continued to climb, with contracts...
Corn futures gather some strength to round out the week on Friday’s lame duck session. Contracts were up 4 to 7 ¾ cents across the board. Rains over the next week are spottier according to the 7-day...
The wheat market was in rally mode to close out the week, after USDA reported a solid round of export activity. Chicago futures were up 12 to 18 cents on the Friday session. Kansas City contracts were...
Gamma Trader
In my opinion, a portion of the agenda is hitting a milestone this week with a story of a fully enclosed loop of beef/dairy cross cattle production.