Grain futures moved higher in Thursday’s trade which has reinvigorated the hopes and dreams of a bigger rally to start a new year. Is that realistic or is this an opportunity for sellers to pounce?
Soybeans are trading with slight weakness on Friday morning, as contracts are down 2 to 3 cents. The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board....
Corn is slipping back lower to start Friday trade, down fractionally to a penny. Futures came out of the Christmas holiday break with contracts up 2 ¾ to 6 ½ cents and hitting the highest prices since...
Wheat is trading with contracts lower across the three exchanges. The wheat market pushed higher across the three markets on Thursday. Chicago SRW futures were up 4 ¾ to 7 cents on the session. KC HRW...
Two markets stood out to me overnight through early Friday morning: Natural gas with its 4.0%-plus rally and Boxed Beef coming in hot.
The wheat market pushed higher across the three markets on Thursday. Chicago SRW futures were up 4 ¾ to 7 cents on the session. KC HRW contracts closed with 7 to 8 cent gains across the board. MPLS spring...
The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board. CmdtyView’s national front month Cash Bean price was 13 cents at $9.37. Soymeal futures led...
Corn futures came out of the Christmas holiday break with contracts up 2 ¾ to 6 ½ cents and hitting the highest prices since June. The national average Cash Corn price from cmdtyView was up 5 cents at...
After reaching multi-year highs, and in CBOT wheat’s case, an all-time peak in 2022, grain and oilseed futures prices have plunged. Farmers in the Northern Hemisphere are on vacation after the 2024 harvest,...
Of one thing that is for sure, with packing and production capacity well over the number of animals to take care of, rationing will continue.