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Soybeans Revert Lower into Thursday’s Close
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Revert Lower into Thursday’s Close

Soybean bulls put on a midday push but failed to hold the pop off the lows into the close, as contracts were down 6 ½ to 10 cents. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.83. Soymeal was down $7-$8.50/ton across most contracts. Soy Oil...
Wheat Trade Falls Back on Thursday
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Trade Falls Back on Thursday

Wheat posted Thursday losses across the three markets. Chicago SRW futures were down 5 to 11 ¾ cents across the board. KC HRW contracts were 4 to 7 3/4 cents lower on the day, with a few deferred contracts slightly higher. MPLS spring wheat was down 2 ¼ to 2...
Shootin' The Bull About Today's Cattle, Grains and Energy Trade
Grain
October 3, 2024
From 
Chris Swift
 via 
Barchart

Shootin' The Bull About Today's Cattle, Grains and Energy Trade

Live cattle closed in the red with the October contract down $1.40 on the day.  Yesterday's move was attributed to money flow and news of cash trade in Texas starting at 186 and 187 Ia/Mn.  It was on light volume with only 68 head trading at that 187 level.  As traders try to discern if ports backing up is bearish or bullish cash cattle prices, those who are bidding this market are giving producers more marketing opportunities than they had in recent past.
Grain Futures Take Pause After a Strong Start to the Week
Grain
October 3, 2024
From 
Oliver Sloup
 via 
Barchart

Grain Futures Take Pause After a Strong Start to the Week

Corn and wheat were leaders to the upside at the start of the week but fell back in today's trading after failing against technical resistance. A healthy correction or more downside to come?
Pure Hedge - Livestock and Grain
Grain
October 3, 2024
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Tut Tut It Looks Like Rain...
Corn Slipping Back on Thursday
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Slipping Back on Thursday

Corn futures are showing just fractional losses far on the Thursday session, despite better than expected export business. The national average Cash Corn price from cmdtyView is down ½ cent at $4.00 3/4 per bu. Dryness for much of the US over the next week, with drier and warmer weather...
Soybeans Pulling Off Lows at Midday
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Pulling Off Lows at Midday

Soybeans are trading with just fractional losses on Thursday’s midday, after double digit losses earlier in the morning. CmdtyView’s national front month Cash Bean price is down 1/2 cent at $9.93 1/2. Soymeal is down $3.80-$4.10/ton across the front months but off the lows. Soy Oil futures are up 108...
Wheat Pulling Back on Thursday Trade
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Pulling Back on Thursday Trade

Wheat trading with midday losses across the three markets on Thursday. Chicago SRW futures are down 6 to 7 ¼ cents across the front months. KC HRW contracts are 2 to 4 cents lower so far on the day. MPLS spring wheat is mixed at midday, with nearby contracts within...
Corn Pulling Back Ahead of Export Sales Release
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Pulling Back Ahead of Export Sales Release

Corn prices are down 2 to 2 ½ cents so far on Thursday morning. Futures closed out the midweek session with contracts up ½ to 3 ½ cents across the board. Spillover support from wheat helped bulls to push things higher. The national average Cash Corn price from cmdtyView was...
Soybean Selling Kicking Off Thursday Trade
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Soybean Selling Kicking Off Thursday Trade

Soybeans are trading with 11 to 12 cent losses across the nearbys to start Thursday. They ended the Wednesday session with mixed trade, as front months were steady to 1 ¼ cents lower and deferreds up ½ to 1 ½ cents. CmdtyView’s national front month Cash Bean price was down...
Wheat Pulling Back on Thursday AM
Grain
October 3, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Pulling Back on Thursday AM

Wheat is slipping lower so far to begin Thursday trade. Futures continued their strength on Wednesday, rallying throughout the session. Chicago SRW futures were up 15 ½ to 17 ¾ cents across the board. KC HRW contracts posted a 18 ½ to 21 cent rally across the front months on...
Grain Markets Catch Their Breath
Grain
October 3, 2024
From 
Oliver Sloup
 via 
Barchart

Grain Markets Catch Their Breath

Watch us on RFD-TV, today at 12:45pm CT! Corn and wheat futures have had an impressive rally recently while soybeans have struggled to follow along. Markets are catching their breath in the early morning trade, here are a few things we are looking at.