The corn market posted gains anywhere from fractional to 3 cents higher on Monday to start the last full trading week of the year. The national average Cash Corn price from cmdtyView was up 3 cents at $4.16. The weekly Export Inspections report from the USDA showed 1.13 MMT (44.48...

Today's comments will be via webinar to update the October 30, where I was anticipating a head and shoulders pattern to form.

Digging into what basis is, why it matters and how we can use it to tell the future.

The corn market is posting midday gains of 1 to 2 ½ cents across the front months on Monday’s midday. There were another 43 deliveries issued against Dec corn futures on Friday evening. The national average Cash Corn price from cmdtyView is up 2 1/2 cents at $4.15 1/2. The...

Soybeans are showing midday losses of 3 to 5 cents so far on Monday, as NOPA data was reported shy of estimates. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.32 3/4. Soymeal futures are up $1.30/ton on the day. There were 141 deliveries issued...

The wheat complex is showing mixed action so far on Monday, with the soft wheat market the weakest. Chicago SRW futures are 1 to 2 cents lower. KC HRW contracts are up 1 to 2 cents so far on the day. MPLS spring wheat futures are up a penny in...

Last week CME corn futures closed higher as a bullish December WASDE report that showed continued strong domestic and export demand for US corn which continued to provide the bulls with more fundamental ammunition. The March’25 contract closed +$2.50/bu from last week while the July’25 contract led the curve higher...

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The wheat complex is showing gains across the three markets on Monday morning. Wheat futures closed out the Friday session with contracts down across the three exchanges. Chicago SRW futures were 6 to 6 3/4 cents lower across the board, with Dec expiring. There were another 13 deliveries issued against...

Soybeans are trading with 1 to 5 cent gains to kick off Monday trade. They ignored the export business reported on Friday morning, as contracts were down 5 3/4 to 8 ¼ cents to close out the day. Preliminary open interest suggested net new selling, up 5,369 contracts. January ended...

The corn market is trading with 1 to 2 cent gains so far on Monday morning. Corn futures ended the week on a lower note, as contracts were down 1 ¾ to 2 ¾ cents at the close with Dec rolling off the board. Despite the late week pressure, March...

Grain markets were weaker to round out last week’s trade but have found their footing and are uniformly higher to start this week’s trade.