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Shootin' the Bull about input costs and being short bought
Grain
December 11, 2024
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about input costs and being short bought

Input costs, and the price of money, are on the rise.
Wheat Popping Higher on Wednesday
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Popping Higher on Wednesday

The wheat complex is showing mostly higher trade across most contracts on Wednesday. Chicago SRW futures are 3 to 4 cents higher across most contracts. There were another 2 deliveries issued against December CBT wheat futures overnight. KC HRW contracts are 2 to 3 cents higher on the day. MPLS...
Soybeans Bulls Pushing Higher on Wednesday
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Bulls Pushing Higher on Wednesday

Soybeans are trading with 4 to 5 cent gains across the nearbys so far on Wednesday. CmdtyView’s national front month Cash Bean price is up 3 1/2 cents at $9.49 1/4. Soymeal futures are up 90 cents/ton on the day. There were another 456 deliveries issued against December soybean meal...
Corn Extending Gains as Ethanol Production Bounces
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Extending Gains as Ethanol Production Bounces

Corn futures are trading with 1 to 2 cent gains so far on Wednesday to extend the strength on Wednesday. Preliminary open interest saw net new buying on Tuesday, up 26,476 contracts. The national average Cash Corn price from cmdtyView is up 1 1/4 cents at $4.22 ¼. Weekly EIA...
A Friendly WASDE Report Sparks Optimism in Grain Markets
Grain
December 11, 2024
From 
Oliver Sloup
 via 
Barchart

A Friendly WASDE Report Sparks Optimism in Grain Markets

Grain markets received friendly news from the USDA on Tuesday which renewed optimism, specifically in corn. Is there more upside to come?
Soybeans Correcting Back Lower to Start Wednesday
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Correcting Back Lower to Start Wednesday

Soybeans are trading with a slight pullback on Wednesday morning, down 3 to 4 cents. Futures held up on the Tuesday session as USDA made minimal changes to the US or world balance sheets. Contracts were up 3 ¾ to 5 ¼ cents at the close. CmdtyView’s national front month...
Corn Continuing Climb on Wednesday AM Trade
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Continuing Climb on Wednesday AM Trade

Corn is showing 1 to 2 ½ cent gains so far on Wednesday morning, following up the pop on Tuesday thanks to a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. Preliminary open interest saw net new buying, up 26,476 contracts. The...
Wheat Extending Higher on Wednesday Morning
Grain
December 11, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Extending Higher on Wednesday Morning

Wheat is showing an extension of the Tuesday pop in early Wednesday trade. The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. There were another...
Did the Grains Sector Quiet Down Overnight?
Grain
December 11, 2024
From 
Darin Newsom
 via 
Barchart

Did the Grains Sector Quiet Down Overnight?

The River known as the Grains sector continued to roll along overnight through early Wednesday, quietly moving on from Tuesday's noise.
Wheat Bulls Push Higher After Stocks Cut
Grain
December 10, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Bulls Push Higher After Stocks Cut

The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. KC HRW contracts were up 3 3/4 to 7 cents on the day. MPLS spring wheat...
Soybeans Hold Gains on Tuesday
Grain
December 10, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Hold Gains on Tuesday

Soybean futures held up on the Tuesday session as USDA made minimal changes to the US or world balance sheets. Contracts were up 3 ¾ to 5 ¼ cents at the close. CmdtyView’s national front month Cash Bean price was back up 4 1/2 cents at $9.46. Soymeal futures were...
Corn Rallies on Tuesday as USDA Cuts Stocks
Grain
December 10, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Rallies on Tuesday as USDA Cuts Stocks

Corn bulls got a pop on Tuesday following a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. The national average Cash Corn price from cmdtyView was up 7 cents at $4.21. The monthly WASDE report from this morning showed a massive 200...