Grain
Articles

From
Chris Swift
via
Barchart
Shootin' the Bull about converging basis with futures
Farmer feeders may be on the forefront of this with corn having traded lower this week. Whatever it is that sparked the buying, it is being done in the face of a new administration that is hellbent on lowering inflation. So far, under just the aspects of his administration coming to power, the US dollar has soared nearly 7% in as many weeks, with bonds continuing to sell off this week.

From
Austin Schroeder
via
Barchart
Wheat Getting a Week-End Bounce
The wheat complex is getting a Friday bounce following a week of losses. Chicago SRW futures are up 9 to 10 cents across the nearbys so far on the day. KC HRW contracts are posting gains of 7 to 9 cents at midday. MPLS spring wheat is up 8 to...

From
Austin Schroeder
via
Barchart
Soybeans Rebounding on Friday, with Record Crush Data
Soybean bulls are fighting back on Friday, as contracts are up 12 to 15 cents across the front months at midday. CmdtyView’s national front month Cash Bean price is up 15 cents at $9.50 ½. The products are playing a supportive role today, with Soymeal futures up $1.80/ton and Soy...

From
Austin Schroeder
via
Barchart
Corn Bouncing on Friday, Despite Sales on Low Side of Estimates
The corn market is getting a pre-weekend bounce on Friday, as contracts are up 4 to 5 cents across the neatbys. The national average Cash Corn price from cmdtyView is up 5 cents at $4.00 ½ per bu. Export Sales data from this morning indicated corn sales totaling 1.315 MMT,...

From
Austin Schroeder
via
Barchart
Soybeans Bouncing on Early Friday Trade
Soybeans are posting 7 to 9 cent gains so far on Friday morning. They failed to react to a USDA export sale this morning, as contracts closed with losses of 13 ¾ to 20 ¼ cents, as November rolled off the board. Preliminary open interest showed net new selling, up...

From
Austin Schroeder
via
Barchart
Wheat Showing Early Friday Bounce
Wheat is trading the slight gains across the board on Friday morning. The wheat complex bears were busy selling back to near the lows from August on Thursday. Chicago SRW futures were down 8 1/4 to 10 3/4 cents across the board on the day. Preliminary open interest was up...

From
Austin Schroeder
via
Barchart
Corn Showing Fractional Rebound to Begin Friday
Corn is showing fractionally higher action so far on Friday morning. Futures were in a risk off approach on Thursday, joining most of the other commodities. Contracts closed with losses of 2 to 7 ½ cents across the board. Preliminary open interest indicated net new selling, up 20,941 contracts, with...

From
Darin Newsom
via
Barchart
Did the Full Moon and "Shooting Star" Influence Markets Overnight?
The US enjoyed the view of a full moon Thursday night through Friday morning, though market attention was focused on the Shooting Star pattern completed by the US dollar index yesterday.

From
Aditya Sarawgi
via
Barchart
Is Wall Street Bullish or Bearish on Corteva Stock?
Corteva has underperformed the S&P 500 over the past year, yet analysts remain moderately bullish on the stock’s prospects.

From
Austin Schroeder
via
Barchart
Wheat Closes at 11-week Low
The wheat complex bears were busy selling back to near the lows from August on Thursday. Chicago SRW futures were down 8 1/4 to 10 3/4 cents across the board on the day. KC HRW contracts posted losses of 7 ¾ to 9 ¼ cents at the close. MPLS spring...

From
Austin Schroeder
via
Barchart
Corn Falls Lower Despite Record Ethanol Production
Corn was in a risk off approach on Thursday, joining most of the other commodities. Contracts closed with losses of 2 to 7 ½ cents across the board. The national average Cash Corn price from cmdtyView was down 7 1/4 cents at $3.94 1/2 per bu. Weekly data from the...

From
Austin Schroeder
via
Barchart
Soybeans Collapse into Thursday’s Close
Soybeans failed to react to a USDA export sale this morning, as contracts closed with losses of 13 ¾ to 20 ¼ cents. CmdtyView’s national front month Cash Bean price was down 20 cents at $9.35 ¾. The products played a pressure role, with Soymeal futures down $3.20 to $5.10/ton...