Trent Klarenbach analyzes the corn futures market as of December 2nd, 2024. He discusses past price movements concerning technical indicators like the 50-day and 200-day moving averages, predicting a potential bullish trend if a 'golden cross' occurs.

Corn settled the Monday session with mixed action, as Nearby Dec was up 1 ½ and a few other deferreds steady to fractionally higher. The rest of the old crop contracts were fractionally lower. The national average Cash Corn price from cmdtyView was down 3 cents at $4.04 1/2. USDA’s...

Soybeans posted weakness to start the week, with losses of 4 to 5 ½ cents across the board. CmdtyView’s national front month Cash Bean price was down 3 cents at $9.36. Soymeal futures added to the pressure down 40 cents to $4/ton on the day. Soy Oil futures were also...

The wheat complex was mostly lower across the three exchanges, with the nearby Dec winter wheats seeing gains. Chicago SRW futures were down fractionally to 2 ½ cents, with Dec up 5 ¼ cents. KC HRW contracts closed with fractional losses across most contracts with Dec the lone exception, up...

Feeders surge and then falters, cattle follows along

Strong Demand Across Soy Sector Yields no Rally

Just the Beginning of the Slide Lower for the Cattle Markets?

Grain markets struggled to find buyers in today's trade and long liquidation was seen in the cattle complex.  Here's how the first trading day of the month shook out.

As much jubilation as I have seen and heard recently from cattle selling at exceptionally high prices, it doesn't appear to follow through to those buying them.

Grain Crushings - 2024-12-02

Fats and Oils - 2024-12-02

Taking a look at the negative mindset permeating grains and what it will take to break us out of the price doldrums.