Grains Rallied as The Livestock Markets Recoup Some of the Week's Losses

Beans & Meal Surge, Bean Oil Anemic

The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down 19 ¼ cents this week. KC HRW contracts were fractionally...

Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain. The national average Cash Corn price from cmdtyView was up...

The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national front month Cash Bean price was up 11 1/4 cents at $9.24 ¾. Soymeal...

In my opinion, the line in the sand is definitive.  Bulls are more bullish and bears are more bearish.

Corn futures are getting a rally into the Pre-Christmas weekend, wth contracts up 5 to 6 cents in the front months. March is just over a nickel off the October high of $4.52 ¼. The national average Cash Corn price from cmdtyView is up 5 3/4 cents at $4.17 1/4....

The soybean market is gaining back some upward momentum after a technical break lower earlier in the week. Contracts are up 11 to 13 cents at midday. CmdtyView’s national front month Cash Bean price is up 11 1/4 cents at $9.24. Soymeal futures are up $10.60/ton. Soy Oil futures are...

Wheat futures are trading with slight gains at Friday’s midday. Chicago SRW futures are up 11 to 2 cents in most contracts so far on the day. KC HRW contracts are 2 to 3 cents back higher at midday. MPLS spring wheat futures are back up 3 to 4 cents...

Corn futures are trading with contracts up 3 to 4 cents on Friday morning. The corn market took back most of the losses from Wednesday, with contracts closing steady 3 ½ cents higher on Thursday. Preliminary open interest was up 5,002 contracts. The national average Cash Corn price from cmdtyView...

The soybean market is trading with 8 to 9 cent gains on early on Friday trade. Soybeans recouped some of the losses from Wednesday, as contracts closed with gains of anywhere from 4 ¾ to 13 ½ cents across the board, led by the nearbys. Preliminary open interest was down...

Wheat futures are showing mixed trade on Friday morning, with contracts on either side of unch. The wheat complex failed to join in on the rest of the grain bounce on Thursday, heading to some fresh lows. Chicago SRW futures were steady to down 8 ¼ cents across the board...