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Soybeans Collapse on Thursday with RVO Rumors and Bean Oil Limit Losses
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Collapse on Thursday with RVO Rumors and Bean Oil Limit Losses

Soybeans were under pressure for much of the Thursday session with contracts down 25 to 28 cents at the close, pressured by losses in bean oil. The cmdtyView Cash Bean price was down 25 cents to $10.02. Soymeal futures were up $4.40/ton on the day, with Soy Oil futures down...
Wheat Posts Thursday Strength
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Thursday Strength

The wheat market posted higher trade on Thursday, with all three exchanges gaining steam. Chicago SRW futures were up 7 to 8 cents across most contracts at the close. Kansas City HRW futures saw contracts close 5 to 6 cents higher. Minneapolis spring wheat futures posted gains of 2 to...
Corn Closes Mixed on Thursday
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Closes Mixed on Thursday

The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop contracts were down 1 to 3 cents. The nearby CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.20. Export Sales data from this morning showed corn...
Afternoon Commentary, Jeopardy, and Things That Stink
Grain
May 15, 2025
From 
Darin Newsom
 via 
Barchart

Afternoon Commentary, Jeopardy, and Things That Stink

If we look at Thursday's session like a round of Jeopardy, the markets provide the answers in the form of questions to the clue, "Things That Stink".
Shootin' the Bull about greed and fear
Grain
May 15, 2025
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about greed and fear

Greed and fear make people do strange things.
Corn Holding Mixed Trade at Midday
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Holding Mixed Trade at Midday

The corn market is mixed on Thursday with July up a penny, as Export Sales data was supportive, with other new crop contracts down 3 cents. The nearby CmdtyView national average Cash Corn price is up 1 ¼ cents at $4.18. Export Sales data from this morning showed corn bookings...
Wheat Continuing Bounce on Thursday
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Continuing Bounce on Thursday

The wheat market is continuing to bounce on Thursday, with all three exchanges heading higher. Chicago SRW futures are up 5 to 6 cents so far at midday. Kansas City HRW futures are showing 2 to 3 cent gains as we trade through the session. Minneapolis spring wheat futures are...
Soybeans Collapsing on RVO Rumors and Bean Oil Limit Losses
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Collapsing on RVO Rumors and Bean Oil Limit Losses

Soybeans are posting losses of 25 to 30 cents so far on the Thursday session, Pressured by losses in bean oil. The cmdtyView Cash Bean price was up 5 cents to $10.27 3/4. Soymeal futures are up $2.90/ton on the day, with Soy Oil futures down the 3 cent limit....
Market Top Warning: Get Ready to Sell Soybean Oil Futures
Grain
May 15, 2025
From 
Jim Wyckoff
 via 
Barchart

Market Top Warning: Get Ready to Sell Soybean Oil Futures

Traders will likely unwind long soybean oil, short soybean meal spreads in the near term.
Corn Trading Mixed Early on Thursday
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Trading Mixed Early on Thursday

The corn market is starting off Thursday mixed, with contracts down factionally to up 2 cents to start the day. Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. Preliminary open interest was...
Wheat Posting Gains on Thursday AM Trade
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posting Gains on Thursday AM Trade

Wheat is extending the recent bounce early on Thursday morning. The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains. Chicago SRW futures were up 7 to 8 cents at the close. There were another 28 deliveries for May CBT wheat on Wednesday as the...
Soybeans Pulled Lower by Bean Oil Limit Losses
Grain
May 15, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Pulled Lower by Bean Oil Limit Losses

Soybeans are trading with 12 to 14 cent losses early on Thursday, with coming from 3 cent limit losses for bean oil. The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts. Preliminary open interest...