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Wheat Dropping Double Digits on Friday
Grain
October 25, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Dropping Double Digits on Friday

The wheat complex is gaining some weakness as we head into the weekend. Chicago SRW futures are showing losses of 13 to 14 1/4 cents in the nearbys at midday. KC HRW contracts are trading with midday losses of 16 to 17 cents on Friday. MPLS spring wheat is posting...
Soybeans Heading Lower on Friday, with Product Pressure
Grain
October 25, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Heading Lower on Friday, with Product Pressure

Soybeans are trading with Friday midday losses of 7 to 10 cents as the trade looks to round out the week. November soybean options expire today. The average close for November soybean futures so far in October is $10.10. That is $1.45 below the February base insurance price. CmdtyView’s national...
No Bull | The Five Spot
Grain
October 25, 2024
From 
Susan Stroud
 via 
Barchart

No Bull | The Five Spot

5 | Cleared for takeoff U.S. sustainable aviation fuel production is taking off, literally. Domestic renewable jet fuel RIN generation was a record 9.2 million gallons in September, more than two times larger than August’s four-million-gallon record and up 353% year-on-year. In the first nine months of 2024, the U.S....
A Choppy Trade Ahead of Options Expiration
Grain
October 25, 2024
From 
Oliver Sloup
 via 
Barchart

A Choppy Trade Ahead of Options Expiration

Grain markets were mixed on Thursday and have been under slight pressure in the Friday morning trade. Here are the levels to watch for ahead of today’s options expiration.
Wheat Showing Friday Morning Losses
Grain
October 25, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Showing Friday Morning Losses

Wheat futures are posting marginal losses to kick off the Friday session. The wheat complex saw some slight strength across the three markets into Thursday’s close. Chicago SRW futures were fractionally to 3 cents higher on the day in most contracts, with a few deferreds down ¼ cent. KC HRW...
Soybeans Slipping on Friday AM Trade
Grain
October 25, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Slipping on Friday AM Trade

Soybeans are trading with Friday morning losses of 2 to 4 cents. They faded off the Thursday strength, with contracts closing mostly firm to 1 ¾ cents, as Nov was down 1 ¼ cents. The average close for November soybean futures so far in October is $10.10. That is $1.45...
Corn Pulling Back on Friday Morning
Grain
October 25, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Pulling Back on Friday Morning

Corn prices are slipping back on Friday morning by 2 to 3 cents after a week of gains. Futures closed out the Thursday session with contracts steady to 3 cents higher across the board. The national average Cash Corn price from cmdtyView was up 2 1/2 cents at $3.88 1/2...
Corn Holds Thursday Gains on Export Business
Grain
October 24, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Holds Thursday Gains on Export Business

Corn futures closed out the Thursday session with contracts steady to 3 cents higher across the board. The national average Cash Corn price from cmdtyView was up 2 1/2 cents at $3.88 1/2 per bu. The average close for December corn futures so far in October is $4.17. That is...
Wheat Posts Thursday Gains
Grain
October 24, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Thursday Gains

The wheat complex saw some slight strength across the three markets into Thursday’s close. Chicago SRW futures were fractionally to 3 cents higher on the day in most contracts, with a few deferreds down ¼ cent. KC HRW contracts were up ½ to 1 ½ cents in the nearbys and...
Soybeans Fade Off Midday Highs on Thursday’s Close
Grain
October 24, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Fade Off Midday Highs on Thursday’s Close

Soybeans faded off the Thursday strength, with contracts closing mostly firm to 1 ¾ cents, as Nov was down 1 ¼ cents. The average close for November soybean futures so far in October is $10.10. That is $1.45 below the February base insurance price. CmdtyView’s national front month Cash Bean...
Shootin' the Bull about rationing again
Grain
October 24, 2024
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about rationing again

The rationing of beef is believed starting to have an impact on box price.  Sending beef prices up 8% in just a couple of weeks seemingly put the breaks on retailers bidding up supplies
Improving Exports Help Lift Grain and Cattle Markets
Grain
October 24, 2024
From 
Oliver Sloup
 via 
Barchart

Improving Exports Help Lift Grain and Cattle Markets

Weekly export inspections have shown signs of improvement which helped add a tailwind to prices in Thursday's trade.