Grain
Articles

From
Austin Schroeder
via
Barchart
Corn Rallying to Start the Last Trade Day of the Week
Corn price action is up 4 to 5 cents so far on Thursday morning. Futures closed 5-6 cents off the early session lows on Wednesday, as contracts still settled 2 ¾ to 3 ½ cents lower, with some deferred higher. Some money was coming off the table as open interest...

From
Austin Schroeder
via
Barchart
Wheat Rallying on Thursday Morning
Wheat is trading with 5 to 9 cent gains across the three markets on Thursday AM. The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. Open interest was up 6,719...

From
Austin Schroeder
via
Barchart
Soybeans On the Higher Side to Start Thursday
Soybeans are trading steady to 2 cents higher on Thursday morning. Futures saw contracts facing some weakness on Wednesday, down fractionally to 3 cents at the close. Open interest was up 7,472 contracts on Wednesday, mostly in July. The cmdtyView national average Cash Bean price was up 4 ¼ cents...

From
Darin Newsom
via
Barchart
3 Ripple Effects of "Sticker" Shock
The US president was not happy about stickers showing up at US fuel stations pointing to higher prices. This led to expected, market-moving (but not changing) ripple effects.

From
Austin Schroeder
via
Barchart
Wheat Collapses Lower on Wednesday
The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. KC HRW futures were 12 ¼ to 21 ¾ cents in the red on Wednesday. MPLS spring wheat was down 8...

From
Austin Schroeder
via
Barchart
Corn Faces Pressure on Wednesday as Bulls Fight Back into the Close
Corn futures closed 5-6 cents off the early session lows on Wednesday, as contracts still settled 2 ¾ to 3 ½ cents lower, with some deferred higher. The CmdtyView national average Cash Corn price was up 3/4 cent at $4.15 3/4. Crude Oil closed the day down $2.51 after a...

From
Austin Schroeder
via
Barchart
Soybeans Closes with Marginal Weakness on Wednesday
Soybeans saw contracts facing some weakness on Wednesday, down fractionally to 3 cents at the close. The cmdtyView national average Cash Bean price was up 4 ¼ cents at $10.99 1/2. Soymeal futures were up $1.50 to $2.40, with Soy Oil futures 100 to 177 points lower. Crude Oil closed...

From
Chris Swift
via
Barchart
Shootin' the Bull about "has to"
While none of the above is believed a directional motivator for price, it does reflect the amount of risk producers are assuming at the current known highs of cattle prices. It's not that a high price can't be reached and input costs returned, it is that the price "has" to go up to come close to returning input costs.

From
Austin Schroeder
via
Barchart
Soybeans Holding Weaker on Wednesday
Soybeans are showing 1 to 4 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 1 ¼ cents at $10.97 3/4. Soymeal futures are up $1.50 to $2.00, with Soy Oil futures 150 to 165 points lower. Crude Oil is weaker, down $1.56...
