The wheat complex continues to extend higher as the Black Sea tensions remain high, as all three markets are higher. Chicago SRW futures are up 4 to 6 cents across the nearbys, KC HRW contracts are posting gains of 6 to 7 cents on the session. MPLS spring wheat is...

Grain markets were mostly lower in Tuesday's trade which has led to additional weakness into the Wednesday morning trade. More weakness to come ahead of Friday's options expiration?

Soybeans are down 7 to 9 cents across most front months on Wednesday, with the products pressuring things again overnight. The soybean market gave back most of Monday’s gains on Tuesday, as contracts turned around for losses of 4 ¾ to 11 ¼ cents across the board. Preliminary open interest...

Wheat is facing some pressure to kick off the midweek session, as all three markets are lower. The wheat complex extended the recent strength into Tuesday’s close, as escalating tensions in the Black Sea have given a short covering opportunity. Chicago SRW futures were up 2 to 3 cents across...

The corn market is facing weakness as we trade through Wednesday morning. Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. Preliminary interest continues to dip in the December contract, 3down another 27,847 contracts ahead of options expiration on...

The spotlight has turned to global wheat markets this week as the situation in the Black Sea region of the world intensifies.

The wheat complex extended the recent strength into Tuesday’s close, as escalating tensions in the Black Sea have given a short covering opportunity. Chicago SRW futures were up 2 to 3 cents across the board, pulling back off the midday highs. KC HRW contracts posted gains of 2 ½ to...

The soybean market gave back most of Monday’s gains on Tuesday, as contracts turned around for losses of 4 ¾ to 11 ¼ cents across the board. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.46 1/4. The products were back to lower trade on the...

Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. The national average Cash Corn price from cmdtyView was down 1 3/4 cents at $4.04 3/4 per bu. Ukraine’s ag ministry expects the 2025 corn acreage to be up 500,000...

Grain and Livestock Market were mixed in Tuesdays trade, here's how things shook out.

Futures traders are on the cusp of taking basis back to negative.  Backgrounders are urged to use this sharp, $10.00 narrowing of the basis in just 7 trading days.

After reaching a record high in 2022, nearby CBOT wheat futures prices plunged and remain well below $6 per bushel in November 2024. The bearish price action during the 2024 crop year means we may have to wait until 2025 for any price recovery.