Grain markets were strong yesterday with wheat trading to significant resistance. Another failure or a breakout looming?

Soybeans are in give back mode on Thursday morning, with contracts down 7 to 10 cents. The soybean market closed Wednesday with contracts up 12 to 16 on the session. CmdtyView’s national front month Cash Bean price was up 14 3/4 cents at $9.98 3/4. Soymeal futures was up $7.90/ton,...

Wheat futures are near unchanged on Thursday morning trade, with MPLS slightly higher. The wheat markets posted double digit gains across the three markets on Wednesday. Chicago SRW futures were up 17 to 18 cents in the nearbys at the close. KC HRW futures were 19 to 20 cents higher...

The Corn market is trading with 2 to 4 cent losses so far on Thursday morning. Corn futures rallied on Wednesday, with contracts closing 5 to 12 cents higher on the session. The national average Cash Corn price from cmdtyView was up 11 1/2 cents at $4.61 1/4. Mexico’s president...

July 25 Wheat/July 25 Corn Examined

The soybean market closed Wednesday with contracts up 12 to 16 on the session. CmdtyView’s national front month Cash Bean price was up 14 3/4 cents at $9.98 3/4. Soymeal futures was up $7.90/ton, with Soy Oil futures down 8 points in front month March on the session. Rains continue...

The wheat markets posted double digit gains across the three markets on Wednesday. Chicago SRW futures were up 17 to 18 cents in the nearbys at the close. KC HRW futures were 19 to 20 cents higher in the front months on the session. MPLS spring wheat was 14 to...

Corn futures rallied on Wednesday, with contracts closing 5 to 12 cents higher on the session. The national average Cash Corn price from cmdtyView was up 11 1/2 cents at $4.61 1/4. Mexico’s president stated that she does not believe the US will impose tariffs on February 1 as President...

Livestock and Grain, Buy Puts Tomorrow, You Pick the Market

This market is not for the faint of heart.  The expectations versus some realities may be starting to catch up.

Corn futures are trading with 5 to 10 cent gains across most contracts at Wednesday’s midday. The national average Cash Corn price from cmdtyView is up 10 cents at $4.60 3/4. Mexico’s president stated that she does not believe the US will impose tariffs on February 1 as Trump has...

Wheat is trading with Wednesday midday gains of double digits. Chicago SRW futures are up 15 to 17 cents in the nearbys. KC HRW futures are 18 to 19 cents higher in the front months. MPLS spring wheat is 13 to 14 cents in the green. Export Sales data will...