Corn futures are falling at midday so far, with contracts down 6 to 7 cents at midday. The national average Cash Corn price from cmdtyView is down 6 cents at $3.96 1/2 per bu. In a Truth Social post from Monday evening, President-elect Trump stated he would be signing an...

Grain markets were lower to start the overnight trade on the back of tariff talk, but have battled back and firmed in the early morning trade.

Wheat is posting a Turnaround Tuesday bounce early in the session, with the three exchanges pushing higher. Futures showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7...

Corn futures are showing fractional losses on Tuesday morning trade. They posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. Preliminary open interest was down 93,819 contracts in December alone ahead of first notice day, with the rest of the board...

Soybeans are trading with 4 to 5 cent gains across the nearbys to kick of Tuesday trade. The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. Preliminary open interest showed a rotation of ownership, down just 906 contracts....

Cocoa and coffee keep soaring, while rapeseed tests support after a sharp pullback.

It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were mostly mixed.

Soybean Meal continues to grind down the downward channel with seemingly no end in sight. However, I am opening a long calendar spread this week as % carry yield, CTA momentum, and the relative strength index are at extreme levels in addition to hedge fund positions.

Correction Time for the Feeders...

The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.35. Soymeal futures were up $2.50 to $4.50/ton on the day. Soy Oil futures were down 40...

Wheat showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7 ¾ to 10 ¾ cents lower on the session. MPLS spring wheat was down 5 to 5...

Corn posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. The national average Cash Corn price from cmdtyView was down 1 cent at $4.02 3/4 per bu. USDA reported a private export sale of 454,090 MT of corn to Mexico this...