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Wheat Slipping Back Lower on Wednesday
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Slipping Back Lower on Wednesday

Wheat is trading with a pull back so far on Wednesday. Chicago SRW futures are down 1 to 3 cents at midday. KC HRW contracts are 2 to 4 cents lower so far on the day. MPLS spring wheat futures are fractionally to 2 cents in the red so far...
Corn Feeling Pressure Despite Increased Ethanol Production
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Feeling Pressure Despite Increased Ethanol Production

Corn futures are feeling pressure on Wednesday, with contracts down 5 to 6 cents at midday. The national average Cash Corn price from cmdtyView is down 5 ¾ cents at $4.09 ½. The USDA reported a private export sale of 135,000 MT of corn to Columbia this morning for 2024/25...
Soybeans Collapsing on Wednesday
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Collapsing on Wednesday

The soybean market is falling on Wednesday with lack of much anything bullish, as decent Brazilian weather, uncertainty around trade in the coming months, and weaker products are adding pressure. Contracts are down 23 to 25 cents so far at midday. CmdtyView’s national front month Cash Bean price was down...
Beans Continue to Retreat while Corn and Wheat Hold Ground
Grain
December 18, 2024
From 
Oliver Sloup
 via 
Barchart

Beans Continue to Retreat while Corn and Wheat Hold Ground

Soybeans broke down to start the week which has continued to add technical pressure to prices. Corn and wheat have been able to hold their own. Will that continue or will there be a reversion to the mean?
Wheat Holding Gains on Wednesday AM Trade
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Holding Gains on Wednesday AM Trade

Wheat is trading with slight gains on Wednesday morning. They faced pressure across the three markets on the Tuesday session. Chicago SRW futures were 5 to 6 1/2 cents lower in the across most contracts at the close. KC HRW contracts were down 4 ½ to 6 ¾ cents on...
Corn Fractionally Lower on Wednesday Morning
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Fractionally Lower on Wednesday Morning

Corn futures are trading with contracts fractionally lower to start the day. The corn market closed with contracts 1 ¼ to 3 ¼ cents lower on Tuesday. The national average Cash Corn price from cmdtyView was down 1 ¾ cents at $4.14 ½. The USDA reported a private export sale...
Soybeans Collapsing Early on Wednesday
Grain
December 18, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Collapsing Early on Wednesday

The soybean market fell apart on Tuesday heading to new contract lows, with contracts closing 5 to 10 ½ cents lower. CmdtyView’s national front month Cash Bean price was down 5 1/2 cents at $9.27. Soymeal futures were on the day, with nearbys up 20 to 30 cents and deferreds...
Grain Spreads: Soy Sector Pressure
Grain
December 17, 2024
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Soy Sector Pressure

Beans, Meal, Oil All Struggle
Wheat Falls Lower on Tuesday
Grain
December 17, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Falls Lower on Tuesday

Wheat faced pressure across the three markets on the Tuesday session. Chicago SRW futures were 5 to 6 1/2 cents lower in the across most contracts at the close. KC HRW contracts were down 4 ½ to 6 ¾ cents on the day. MPLS spring wheat futures settled the day...
Soybeans Head to New Lows on Tuesday, Pressured by Oil
Grain
December 17, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Head to New Lows on Tuesday, Pressured by Oil

The soybean market fell apart on Tuesday heading to new contract lows, with contracts closing 5 to 10 ½ cents lower. CmdtyView’s national front month Cash Bean price was down 5 1/2 cents at $9.27. Soymeal futures were on the day, with nearbys up 20 to 30 cents and deferreds...
Corn Slip Lower On Monday Despite Export Business
Grain
December 17, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Slip Lower On Monday Despite Export Business

The corn market failed to get much buying out of an export sale this morning, with contracts closing 1 ¼ to 3 ¼ cents lower. The national average Cash Corn price from cmdtyView was down 1 ¾ cents at $4.14 ½. The USDA reported a private export sale of 170,400...
Trading Levels for FOMC Day and Beans Outlook
Grain
December 17, 2024
From 
Ilan Levy-Mayer
 via 
Barchart

Trading Levels for FOMC Day and Beans Outlook

In our latest Futures Daily Blog, we analyze market trends ahead of the FOMC rate decision. With a potential 25 basis point cut, the implications for equities and commodities are significant. Stay informed with our insights on retail sales data and market momentum. #FuturesTrading #MarketAnalysis #EconomicTrends #RetailSales #FOMC