A weather-market rally in corn and soybeans is highly likely later this summer. That is good news for wheat futures markets.
Corn futures are trading with sharp losses on Monday, pressured by weakness in wheat and wet forecasts. The front month CmdtyView national average Cash Corn price is down 5 1/2 at $4.13 1/2. Weekly Export...
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The soybean market is on the lower side of unchanged at midday, with contracts 1 to 7 centas in the red, led by the nearbys. The cmdtyView Cash Bean price is down 1 3/4 cents to $10.11. Soymeal futures...
The wheat complex is posting double digit losses across most contracts on Monday. Chicago SRW futures are back down 11 to 12 cents so far on Monday. Kansas City HRW contracts are also 11 to 12 cents lower...
The unwritten rule in ag commentary is that everything is always bullish, regardless of reality. This discussion came up again following my latest analysis of weekly export sales and shipments numbers....
Grain markets have been relatively quiet to start the week, as traders, producers, and analysts await news from trade talks with China and updated data from the USDA later in the week.
The corn market is posting 2 to 6 cent losses on Monday morning trade. Corn futures closed out the Friday session in rebound, with the recent bear spreading seeing some slight unwinding. Contracts were...
The soybean market is trading with contracts up 1 to 2 cents in the nearbys on Monday morning. Soybeans held onto gains into the Friday close, with contracts climbing another 3 to 6 cents. Jul was up 15...