I've seen some discussion about the supposed correlation between gold and wheat as a reason to be bullish the latter (or bearish the former).

The wheat market saw Turnaround Tuesday action, with winter wheats posting gains. Chicago SRW futures turned higher on Tuesday, with nearbys closing up 2 cents. Kansas City HRW futures closed with 3 to 4 cent gains. Minneapolis spring wheat futures saw continued weakness, with losses of 3 to 4 cents....

Soybeans saw contracts pulling well off their lows on Tuesday, with contracts up 1 to 2 cent sin the nearbys. The cmdtyView Cash Bean price was up 1 3/4 cents to $10.22 3/4. Soymeal futures were down $3.80 to $5.20 so far on the day, with Soy Oil futures rallying...

The corn market was lower on Tuesday with contracts falling another 4 to 6 cents across the nearbys. The nearby CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.14 3/4. Crop Progress data from Monday afternoon showed the US corn crop at 62% planted as of...

Bean Oil Explodes Higher - Time to Buy Wheat - Buy Feeder Puts

So, the event of shutting the southern border again leads me to think that it is possible this could have been the dessert for this bull market.

Soybeans continue to push higher, can the breakout be extended?

The wheat market is posting a turnaround Tuesday trade, with winter wheats posting gains. Chicago SRW futures are 3 to 4 cents in the green at Tuesday’s midday. There were 8 deliveries issued against May CBT wheat overnight. Kansas City HRW futures are trading with 3 to 4 cent gains...

Soybeans are trading with contracts up 2 to 5 cents in the green, well off the morning lows. The cmdtyView Cash Bean price is up 3 1/4 cents to $10.23 1/4. Soymeal futures are down $4.90 so far on the day, with Soy Oil futures rallying 170 points into the...

The corn market is facing pressure at Tuesday’s midday, with contracts down 4 to 7 cents. There were another 67 deliveries issued against May overnight. The nearby CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.19 1/2. Crop Progress data from Monday afternoon showed the US...

A weather-market rally could trigger big upside price moves this summer in grain futures.

The wheat market is looking at new lows on Tuesday morning, with losses across the board. Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data. Chicago SRW futures were 6 to 7 cents in the red on the Monday session. Tuesday’s preliminary...