Cattle markets make new highs

Long Term Trade Ideas to Consider

I recommend rolling up put options positions if applicable.

Corn futures are showing 4 to 6 cent gains int eh nearbys on Thursday, as new crop is 1 ½ cents in the green. The CmdtyView national average Cash Corn price was back up 3 1/2 cents at $4.25 1/2. Export Sales data from this morning showed 1.497 MMT in...

The soybean market is trading with contracts steady to 4 cents higher so far on Thursday. CmdtyView’s national front month Cash Bean price is up 3 3/4 cents at $9.50 1/2. Soymeal futures are trading with losses of $1/ton, as Soy Oil futures are up 38 points on the day....

Wheat futures are falling on Thursday with a weaker round of export business on Thursday. Chicago SRW futures are 7 to 9 cents in the red as the market trades through Thursday. Kansas City HRW contracts are falling another 9 to 10 cents so far on Thursday. MPLS spring wheat...

Soybean traders must sense that there is not a lot of downside at present price levels in the meal futures market.

The soybean market is weaker to kick off Thursday trade, with losses of 3 to 5 cents so far. Beans faced weakness on Wednesday, as contracts were down 5 to 6 cents in the nearbys. Preliminary open interest showed new selling interest, up 13,228 contracts. CmdtyView’s national front month Cash...

Wheat futures are showing weaker trade so far on Thursday morning, with spring wheat traying to show some strength. The wheat market saw losses across the three exchanges at the Wednesday close. Chicago SRW futures were down 1 to 2 cents in the front months on the day. Kansas City...

The corn market is showing fractional to 2 cent gains so far on Thursday morning. Futures posted mixed trade to close out the Wednesday session, as front months were up 1 to 3 ¼ cents and new crop December was down 2 ¾ cents. Preliminary open interest was down 10,267...

Soybeans faced weakness on Wednesday, as contracts were down 5 to 6 cents in the nearbys. CmdtyView’s national front month Cash Bean price was down 4 1/4 cents at $9.46 1/4. Soymeal futures closed with front month losses of $1.50/ton, as Soy Oil futures were down 18 points on the...

Corn futures posted mixed trade to close out the Wednesday session, as front months were up 1 to 3 ¼ cents and new crop December was down 2 ¾ cents. The CmdtyView national average Cash Corn price was back up 3 1/2 cents at $4.25 1/2. EIA released their weekly...