Corn futures are trading with 1 to 2 cent losses in early Tuesday morning trade. The Corn market shot higher again on Monday, with contracts up 6 to 8 cents in follow through buying from the tighter balance sheets USDA left on Friday. Preliminary open interest continued to show net...

Grain futures started the week follow-through buying from Friday’s USDA report. Can the rally continue or are we due for a pause and possible correction?

1 | One Big Surprise The biggest surprise of USDA's January data dump was a notable decline in both corn and soybean yield for the U.S. 2024 crop, falling well below pre-report estimates and marking two of the largest Nov-to-Jan drops on record. 2024 final corn yield fell 3.8bpa month-on-month...

A question on social media asked, "Who are the funds?". A solid query given all the chatter about the word in terms of market activity.

The Commitment of Traders (COT) report, issued by the Commodity Futures Trading Commission (CFTC), offers a weekly snapshot of the positions taken by different market participants in the U.S. futures markets.

Livestock and Grain Markets - Sell Them All?

Hogs Test Resistance and pulls back

The wheat market was in rally mode on Monday, joining in on the rest of the grains. Chicago SRW futures were up double digits, with gains of 12 to 14 ¼ cents at midday. KC HRW posted 9 to 11 gains on Monday. MPLS spring wheat futures closed with gains...

Soybeans put on a rally on Monday, as buying fallout from Friday’s USDA reports continued. Contracts were up another 20 to 28 cents across most contracts. CmdtyView’s national front month Cash Bean price was up 26 1/4 cents at $9.94 1/2. Soymeal futures were back up $9.30/ton on the day....

The Corn market shot higher again on Monday, with contracts up 6 to 8 cents in follow through buying from the tighter balance sheets USDA left on Friday. Basis did back off, as the national average Cash Corn price from cmdtyView was up 5 cents at $4.42 1/2. Export Inspections...

Continuation Rally

Cattle feeders had to find relief somewhere. Not bidding up for feeder steers is about the only thing in their control, and it seems to have been their market of preference. Previous recommendations to fix some variable input costs are of benefit now that prices have risen further.