It is suspected that the past 3 days of buying is coming from short covering, or producers applying the Texas hedge, as we have seen little increase in open interest.

Holy cow, the corn market in April is a wild ride! The USDA's latest WASDE report slashed stocks and cranked up exports, while the recent COT report shows funds tiptoeing around tariff chaos. The planting season is off to a rocky start with iffy weather, and trade policy could flip any second. Check out my article for jaw-dropping details and actionable steps to plan your trades before it's too late!

The wheat markets are trading with contracts higher across the three exchanges. Chicago SRW futures are posting with 5 to 6 cent gains at midday. Kansas City HRW is up 6 to 9 cents as we trade through the Wednesday session. MPLS spring wheat is 1 to 3 cents higher...

Soybeans are trading with contracts up 3 to 6 cent gains so far on Wednesday. CmdtyView’s national front month Cash Bean price is 3 1/2 cents at $9.87 1/4. Soymeal futures are trading with $2.80/ton gains, with Soy Oil futures are up 13 points at midday. The CME will be...

Corn futures are trading with contracts up 2 to 3 cents so far on the Wednesday session. The front month CmdtyView national average Cash Corn price is down 2 1/2 cents at $4.56 3/4. EIA data from this morning showed ethanol production continuing to drop, down 9,000 barrels per day...

Grain markets have been lower at the start of the week but are attempting to find their footing int he Wednesday morning trade.

Grain Markets Hold Ground, Pullbacks in Play

Corn futures are firm to 3 cents higher to kick off the Wednesday trade. The corn market was mixed on Tuesday, as the recent bull spreads were unwinding. Nearbys were down 3 to 4 cents at the close, with new crop December up 2 ¼ cents. The May-December corn spread...

Wheat is higher across all three exchanges early on Wednesday. The complex posted weakness on Tuesday, with contracts down across the three markets. Chicago SRW futures closed with losses of 5 to 6 cents on the Tuesday session. Kansas City HRW posted losses of 1 to 3 cents at the...

Soybeans are trading with some Wednesday morning strength, as contracts are steady to 3 cents in the green. The soybean market closed with mixed action on Tuesday, as front months were down 3 to 6 cents. New crop November was up 1 ¼ cents. Preliminary open interest was down 3,767...

The corn market posted mixed trade, as the recent bull spreads unwind. Nearbys were down 3 to 4 cents at the close, with new crop December up 2 ¼ cents. The May-December corn spread is down to 17 cents, after being over 30 cents on Friday. The front month CmdtyView...

The wheat complex posted extended weakness on Tuesday, with contracts down across the three markets. Chicago SRW futures closed with losses of 5 to 6 cents on the Tuesday session. Kansas City HRW posted losses of 1 to 3 cents at the final bell. MPLS spring wheat was down 3...