Wheat posted mixed action across the three markets on Monday with the spring wheat market the weakest. Chicago SRW futures were up 2 to 3 cents on the session. KC HRW contracts were down 1 to 2 cents so far on the day. MPLS spring wheat futures closed with 1...

Soybeans faced back and forth trade on Monday, with front months shrugging off midday weakness to close up 2 to 4 cents in most contracts. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.32 1/2. Soymeal futures closed with contracts up 90 cents to $1.70/ton. Soy...

Corn futures failed to hold the early morning strength on Monday to close with losses of 1 to 2 cents in the nearby contracts on Monday. The national average Cash Corn price from cmdtyView was down 1 1/2 cents at $4.23. This morning’s Export Inspections report indicated a total of...

Crazy Price Action in the Livestock and Grain Markets

Costs continue to rise to produce a pound of beef.  Whether the feeder steer, corn, fuel, or interest rates, all are elevated with expectations for some to continue higher.

A breakdown of what to watch as we end this year and head into next.

Corn futures are pulling back from the overnight strength on Monday, with contracts down 2 to 3 cents at midday. The national average Cash Corn price from cmdtyView is down 3 cents at $4.22 1/2. This morning’s Export Inspections report indicated a total of 878,380 MT (34.58 mbu) of corn...

Wheat is trading with contracts mixed across the three markets on Monday. Chicago SRW futures are up 1 to 2 cents on the session. KC HRW contracts are slipping with fractional losses at Monday’s midday. MPLS spring wheat futures are 1 to 3 cents lower so far on Monday. Export...

Soybeans are retreating at Monday’s midday, with contracts falling 2 to 4 cents in the nearbys and some deferreds slightly higher. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.26. Soymeal futures were pushing higher early this morning but are backing off to unch at...

Low-Cost Options, With Limited Risk

Grain markets are on the verge of closing out another strong December. These are the levels to watch into the final days of the year.

Soybeans are resuming their strength on Monday morning, as contracts are up 7 to 9 cents in the nearbys. More short covering in the meal market, up $5.60/ton is helping. Beans closed out the Friday session with contracts in retreat mode from the Thursday rally, as contracts were down 3...