The wheat complex is trading with weakness across the three markets at midday. Chicago SRW futures are 6 1/2 cents lower in the March contract. There were another 5 deliveries issued against December CBT wheat overnight. KC HRW contracts are down 6 ½ to cents on the day. MPLS spring...

The corn market is facing 4 to 6 cent losses across the nearbys to Thursday’s midday. There were 172 deliveries issued against December corn futures overnight, all by a Marex customer. The national average Cash Corn price from cmdtyView was down 5 cents at $4.15. The weekly Export Sales report...

The soybean market is showing 4 to 6 cent losses in the front months on Thursday. CmdtyView’s national front month Cash Bean price is down 5 1/2 cents at $9.41 3/4. Soymeal futures are down $2.70/ton on the day. There were another 278 deliveries issued against December soybean meal overnight,...

Trent Klarenbach of Klarenbach Research discusses the state of the soybean market as of December 11, 2024 analying the weekly and daily trends with a focus on key moving averages and levels of support and resistance.

Watch us on RFD-TV, today at 12:45pm CT! Grain markets failed to find any meaningful follow through in Wednesdays trade. A healthy pause or a top?

Wheat is showing fractional to 3 cent gains so far. The wheat complex closed the Wednesday session with contracts mostly higher across the three markets. Chicago SRW futures were 1 1/2 to 2 1/2 cents higher across the board. There were another 5 deliveries issued against December CBT wheat overnight....

Corn price action has thing starting on the lower side of unchanged so far on Thursday by 1 to 3 cents. Futures slipped up into the close running into some technical resistance, with nearbys down ¾ to 2 ½ cents and other contracts up ¼ to 2 ¾ cents. Preliminary...

The soybean market is showing some slight 1 to 2 cent gains so far. Soybeans settled the Wednesday session with contracts ¾ to 5 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1/2 cent at $9.46 1/2. Soymeal futures were down 90 cents to 40 cents/ton...

The only commodity complex sector not in the red early Thursday morning was Livestock, because markets there don't trade overnight. But that's just the beginning of the story.

The wheat complex closed the Wednesday session with contracts mostly higher across the three markets. Chicago SRW futures were 1 1/2 to 2 1/2 cents higher across the board. KC HRW contracts were up 1 ½ to cents on the day. MPLS spring wheat was steady to 3 1/4 cents...

Soybeans settled the Wednesday session with contracts ¾ to 5 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1/2 cent at $9.46 1/2. Soymeal futures were down 90 cents to 40 cents/ton higher on the day. Soy Oil futures ended down 21 to 30 points on...

Corn futures slipped up into the close running into some technical resistance, with nearbys down ¾ to 2 ½ cents and other contracts up ¼ to 2 ¾ cents. The national average Cash Corn price from cmdtyView was down a penny at $4.20. Weekly EIA data showed ethanol production totaling...