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Wheat Collapses on Wednesday, with December Pressured Ahead of FND
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Collapses on Wednesday, with December Pressured Ahead of FND

Wheat posted losses across the three markets on Wednesday ahead of the Holiday. Chicago SRW futures were down 1 to 9 1/2 cents in most contracts. KC HRW contracts were 13 to 14 1/4 cents lower on the session, with December falling 24 ¼ ahead of First Notice Day. MPLS...
Did A 78.6% Fibonacci Retracement Just End The Bull Run In Cattle & Hogs?
Grain
November 27, 2024
From 
Nick Ehrenberg
 via 
Barchart

Did A 78.6% Fibonacci Retracement Just End The Bull Run In Cattle & Hogs?

Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Soybeans See Gains Ahead of Turkey Day
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans See Gains Ahead of Turkey Day

Soybeans posted firm to 5 ¼ cent higher trade on Wednesday ahead of the day off on Thursday. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures were up $2.40 to $4.40/ton on the day. Soy Oil futures were back down 170 to...
Corn Comes Back to Close Near Steady Ahead of Thanksgiving
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Comes Back to Close Near Steady Ahead of Thanksgiving

The corn market was steady to a penny lower across most contracts on Wednesday, with December down 4 ¼ cents ahead of first notice day on Friday. The national average Cash Corn price from cmdtyView is down 3 3/4 cents at $3.92 1/2 per bu. EIA data from this morning...
Shootin' the Bull about a contagious fever
Grain
November 27, 2024
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about a contagious fever

Auction's can at times produce a feverish pitch to their attendees that can be contagious.  I think when coupled with the fundamental change from drought to drowning, it is a reason for the abrupt run up in lighter weight categories for which are currently crushing margins to cattle feeders, as some of the fever is spilling over into the feeder cattle market.
Corn Mixed Heading into the Holiday
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Mixed Heading into the Holiday

The corn market is showing fractional gains to 2 cent losses on Wednesday, with Dec feeling pressure ahead of first notice day. The national average Cash Corn price from cmdtyView is down 2 1/4 cents at $3.94 per bu. Friday is first notice day for December corn futures. EIA data...
Wheat Falling, with December Pressured Ahead of FND
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Falling, with December Pressured Ahead of FND

Wheat is showing weakness across the complex ahead of the Holiday. Chicago SRW futures are down 6 to 9 cents in most contracts. KC HRW contracts are 11 to 13 cents lower on the session, with December falling ahead of First Notice Day, down 24 cents. MPLS spring wheat is...
Soybean Bulls Gobbling Up Gains Ahead of Thanksgiving
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Soybean Bulls Gobbling Up Gains Ahead of Thanksgiving

Soybeans are trading with 2 to 6 cent gains on Wednesday at midday. CmdtyView’s national front month Cash Bean price is up 5 3/4 cents at $9.39 3/4. Soymeal futures are up $3.80/ton on the day. Soy Oil futures were back down 187 points on the session. USDA reported a...
A Quiet Grain Trade Ahead of Turkey Day
Grain
November 27, 2024
From 
Oliver Sloup
 via 
Barchart

A Quiet Grain Trade Ahead of Turkey Day

Grain markets are mixed in the early morning trade as the holiday trade starts to kick in.
Wheat Fading Back Lower to Kick Off Wednesday
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Fading Back Lower to Kick Off Wednesday

Wheat is showing some weakness as the market trades through Wednesday morning. They found some strength to pull out a Turnaround Tuesday bounce at the close. Chicago SRW futures were up fractionally to 3 ¾ cents in most contracts with a few deferreds down ½ cent. KC HRW contracts were...
Soybeans Getting a Pre-Thanksgiving Pop
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Getting a Pre-Thanksgiving Pop

Soybeans are trading with 5 to 7 cent gains on Wednesday morning. They settled the Tuesday session with nearby contracts down ¼ to 2 ¼ and the rest of the board up 1 to 2 ½ cents. CmdtyView’s national front month Cash Bean price was down 2 1/4 cents at...
Corn Trade Turning Higher ahead of Thanksgiving
Grain
November 27, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Trade Turning Higher ahead of Thanksgiving

The corn market is showing1 to 2 cent higher trade on Wednesday morning. Corn futures were down 1 ¼ to 5 cents across the board on Tuesday, as trade tensions played a larger role on the day. The national average Cash Corn price from cmdtyView was down 5 1/2 cents...