Corn futures are trying to extend their 6-month highs at Friday’s midday, with contracts up fractionally to 1 ½ cents across the front months. The national average Cash Corn price from cmdtyView is up a penny at $4.25 1/4. Export Sales data showed a total of 1.711 MMT of 2024/25...

Soybeans are trading with 4 to 6 cent losses as futures trade through midday. CmdtyView’s national front month Cash Bean price is down 5 1/4 cents at $9.32 3/4. Soymeal futures are putting the short covering on pause for Friday, with contracts back down $2.70/ton. Soy Oil futures are trading...

Grain futures moved higher in Thursday’s trade which has reinvigorated the hopes and dreams of a bigger rally to start a new year. Is that realistic or is this an opportunity for sellers to pounce?

Wheat is trading with contracts lower across the three exchanges. The wheat market pushed higher across the three markets on Thursday. Chicago SRW futures were up 4 ¾ to 7 cents on the session. KC HRW contracts closed with 7 to 8 cent gains across the board. MPLS spring wheat...

Corn is slipping back lower to start Friday trade, down fractionally to a penny. Futures came out of the Christmas holiday break with contracts up 2 ¾ to 6 ½ cents and hitting the highest prices since June. Preliminary open interest was up 8,229 contracts, showing net new buying. The...

Soybeans are trading with slight weakness on Friday morning, as contracts are down 2 to 3 cents. The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board. CmdtyView’s national front month Cash Bean price was 13 cents at $9.37. Soymeal...

Two markets stood out to me overnight through early Friday morning: Natural gas with its 4.0%-plus rally and Boxed Beef coming in hot.

Corn futures came out of the Christmas holiday break with contracts up 2 ¾ to 6 ½ cents and hitting the highest prices since June. The national average Cash Corn price from cmdtyView was up 5 cents at $4.24 1/4. Weekly EIA data has been pushed back to a Friday...

The wheat market pushed higher across the three markets on Thursday. Chicago SRW futures were up 4 ¾ to 7 cents on the session. KC HRW contracts closed with 7 to 8 cent gains across the board. MPLS spring wheat futures were 3 ½ to 4 3/4 cents in the...

The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board. CmdtyView’s national front month Cash Bean price was 13 cents at $9.37. Soymeal futures led the rally on Argentine dryness, with contracts up $9.60 to $13.30/ton higher. Soy Oil futures...

After reaching multi-year highs, and in CBOT wheat’s case, an all-time peak in 2022, grain and oilseed futures prices have plunged. Farmers in the Northern Hemisphere are on vacation after the 2024 harvest, hoping that 2025 will be a better year and prices can rebound.

Of one thing that is for sure, with packing and production capacity well over the number of animals to take care of, rationing will continue.