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Soybeans Slipping as NOPA Crush Shy of Estimates
Grain
December 16, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Slipping as NOPA Crush Shy of Estimates

Soybeans are showing midday losses of 3 to 5 cents so far on Monday, as NOPA data was reported shy of estimates. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.32 3/4. Soymeal futures are up $1.30/ton on the day. There were 141 deliveries issued...
Wheat Posting Mixed Trade at Midday
Grain
December 16, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Posting Mixed Trade at Midday

The wheat complex is showing mixed action so far on Monday, with the soft wheat market the weakest. Chicago SRW futures are 1 to 2 cents lower. KC HRW contracts are up 1 to 2 cents so far on the day. MPLS spring wheat futures are up a penny in...
Bullish Corn Demand Reduces MY 24/25 Stocks
Grain
December 16, 2024
From 
Scott Strand
 via 
Barchart

Bullish Corn Demand Reduces MY 24/25 Stocks

Last week CME corn futures closed higher as a bullish December WASDE report that showed continued strong domestic and export demand for US corn which continued to provide the bulls with more fundamental ammunition. The March’25 contract closed +$2.50/bu from last week while the July’25 contract led the curve higher...
Walsh Gamma Trader
Grain
December 16, 2024
From 
Bill Allen
 via 
Barchart

Walsh Gamma Trader

Low-Cost Options, With Limited Risk
Wheat
Grain
December 16, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat

The wheat complex is showing gains across the three markets on Monday morning. Wheat futures closed out the Friday session with contracts down across the three exchanges. Chicago SRW futures were 6 to 6 3/4 cents lower across the board, with Dec expiring. There were another 13 deliveries issued against...
Soybeans Back to Higher Trade on Monday Morning
Grain
December 16, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Back to Higher Trade on Monday Morning

Soybeans are trading with 1 to 5 cent gains to kick off Monday trade. They ignored the export business reported on Friday morning, as contracts were down 5 3/4 to 8 ¼ cents to close out the day. Preliminary open interest suggested net new selling, up 5,369 contracts. January ended...
Corn Bulls Fighting Back to Start Monday
Grain
December 16, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Bulls Fighting Back to Start Monday

The corn market is trading with 1 to 2 cent gains so far on Monday morning. Corn futures ended the week on a lower note, as contracts were down 1 ¾ to 2 ¾ cents at the close with Dec rolling off the board. Despite the late week pressure, March...
Grain Markets Firm to Start the Week
Grain
December 16, 2024
From 
Oliver Sloup
 via 
Barchart

Grain Markets Firm to Start the Week

Grain markets were weaker to round out last week’s trade but have found their footing and are uniformly higher to start this week’s trade.
Which Markets Were Hot, Which Were Not to Start the Week?
Grain
December 16, 2024
From 
Darin Newsom
 via 
Barchart

Which Markets Were Hot, Which Were Not to Start the Week?

The Softs sector continues to lead the commodity complex higher, particularly cocoa and coffee, while Grains were quiet to start the week.
Live Cattle and Feeder Cattle continue to be at their highest hedge fund positions over the past 52 weeks.  Corn and Lean Hogs are very near their highs.
Grain
December 15, 2024
From 
Darren Carlat
 via 
Barchart

Live Cattle and Feeder Cattle continue to be at their highest hedge fund positions over the past 52 weeks. Corn and Lean Hogs are very near their highs.

Live Cattle is making its 3rd attempt to break out to new highs. Will this week finally be the week for the break out?
Hogs & Corn Update Using Fibonacci and W.D. Gann Analysis
Grain
December 14, 2024
From 
Nick Ehrenberg
 via 
Barchart

Hogs & Corn Update Using Fibonacci and W.D. Gann Analysis

Educational and Actionable information using Fibonacci and W.D. Gann analysis.
USDA reports bullish corn while fed cattle bids surge
Grain
December 14, 2024
From 
Brady Sidwell
 via 
Barchart

USDA reports bullish corn while fed cattle bids surge

US dollar continues climbing