Another Day, Another Dollar - Higher

A tiger trap is where a deep hole is dug and covered with weak branches and leaves to cover the trap.  Then a food item is dangled over it.  Cattlemen and futures traders have built this trap.

The wheat market is trading mixed so far on Wednesday. Chicago SRW futures are up 1 to 2 cents thus far on the session. KC HRW posting 1 to 2 cent losses at midday. MPLS spring wheat futures are steady to 2 cents higher at so far on the session....

Soybeans are posting higher midday trade in the nearbys, with new crop November down 3 ½ cents. CmdtyView’s national front month Cash Bean price is up 2 cents at $9.90. Soymeal futures are $3.50/ton lower on the day. Soy Oil futures are 10 points higher so far on the session....

The corn market is trading with Wednesday fractional midday gains in the new crop to 4 cents higher in the nearbys. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data showed ethanol production at a total of 1.095 million barrel per...

The corn market is trading with Wednesday morning gains of 2 to 3 cents. Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. Preliminary open interest was up 27,557 contracts. The national average Cash Corn price from cmdtyView...

Soybeans are trading with gains of 1 to 3 cents so far on Wednesday. The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88....

The wheat market is trading with slight losses on Wednesday morning, as SRW is still holding up Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional...

Tuesday sees follow-through buying after Friday's crop report. Corn neared $4.80 before retreating, soybeans hit $10.64, while Argentina's heat and delayed rains influence crop forecasts.

Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data will be out on Wednesday morning, with most expecting to see...

Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional losses on Tuesday. MPLS spring wheat futures were down 3 to 4 cents in most front months...

The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88. Soymeal futures were back down 30 cents to $2/ton on the day. Soy Oil...