Wheat Rallies, Then Gives it Back.

Oliver Sloup of Blue Line Futures joins CME Group to discuss the upcoming prospective plantings report and the excitement that can come along with it. The spring and summer months are an exciting time of year for corn and soybean markets as analysts, traders, and producers grapple with the ever-changing landscape. Some of the key fundamental variables this year include global trade relations, weather’s impact on crops across the Midwest, and the foundation of it all, how much of each crop will be planted? Whether you’re speculating or hedging, Blue Line Futures is there to help you in your pursuit to navigate the markets.

Cattle feeders appear as the sector assuming the most risk of any at the moment.

The wheat market is back to mixed trade on Tuesday. Chicago SRW futures are down 2 to 3 cents. Kansas City HRW contracts are up 3 cents in the nearbys. MPLS spring wheat is trading with fractional to 2 cent gains. CME is planning to launch their spring wheat futures...

The corn market is leaking lower at Tuesday’s midday, with nearbys down 2 to 3 cents at midday. New crop December is trading with ¾ cent losses so far. The new crop soy/corn ratio is at 2.24, still leaning towards corn. We will get the March Planting Intention report at...

Soybeans are down 2 to 3 cents so far at Tuesday’s midday, as the market is in the middle of a tug-o-war between the products. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.51. Soymeal futures are adding the pressure as we trade through the...

Extreme weather conditions in the Plains could further catalyze price action.

Extreme weather conditions could catalyze price action in July SRW futures.

(ZWN25) (KEN25) (WEAT) (TAGS) (DBA) (ZCN25) (CORN) (ZSN25) (SOYB) “Looming trade wars plus increasing wheat crop problems mean the market has bottomed” by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter Monday Evening Report - March 17,...

Wheat futures are trying to continue strength on Tuesday morning, with marginal gains across much of the board. The wheat market posted a double-digit rally across the three exchanges on Monday. Chicago SRW closed with gains of 11 to 12 cents at the session close. Kansas City HRW contracts settled...

Corn futures are leaking lower this morning, down 1 to 3 cents in the nearby on Tuesday AM trade. The corn market saw gains across much of the the board on Monday, with nearby contracts up 2 to 3 cents at the close. The CmdtyView national average Cash Corn price...

The soybean market is trading with contracts up 1 to 3 cents so far on Tuesday. Futures posted mixed action on Monday, with front months losses limited to fractional and new crop gains of steady to 2 cents higher. CmdtyView’s national front month Cash Bean price is down 1/4 cents...