An overlapping of previous wave highs started today with October having traded under what is believed a wave 3 high made on 4/6. A trade of October under $235.90, made on 2/19, will add credibility that a top is in

Corn futures are reverting lower from the Wednesday gains, with contracts down fractionally in the new crop contracts to 2 cents in the nearbys at midday. The CmdtyView national average Cash Corn price is up 2 cents at $4.12 3/4. Export Sales data from this morning showed 1.4 MMT of...

The wheat complex is trading with gains across most contracts so far on the Thursday session. Chicago SRW futures are 5 to 6 cents higher so far. KC HRW futures is leading the bull’s charge, up 16 o 18 cents in the front months. MPLS spring wheat is up 10...

Soybeans are trading with contracts fractionally higher in the nearbys to a nickel higher in the new crop months. The cmdtyView national average Cash Bean price is up 3/4 cent at $11.02 1/2. Soymeal futures are $2 to $3 lower on the day, with Soy Oil futures up 190 to...

Corn price action is steady on Thursday AM trade, with front months down a penny to fractionally higher in some new crop. Futures posted 4 ¾ to 8 ¼ cent gains across most contracts on Wednesday. Open interest was down 10,378 contracts on the midweek session, mostly coming out of...

Wheat is extending the rally to Thursday, with gains across the board. The wheat complex posted marginal gains on Wednesday with contracts higher across the three exchanges. Chicago SRW futures were fractionally to 3 cents higher. Open interest rose 3,976 contracts. KC HRW futures saw 2 ¼ to 3 ¼...

Soybeans are down fractionally to 2 cents so far on Thursday morning. Futures were in rally mode on the midweek session, with contracts 9 to 11 cents higher at the close. Open interest suggested net new buying, up 21,537 on Wednesday. The cmdtyView national average Cash Bean price was up...

Soybeans were in rally mode on the midweek session, with contracts 9 to 11 cents higher at the close. The cmdtyView national average Cash Bean price was up 11 cents at $11.01 3/4. Soymeal futures were $1.10 to $4.70 higher on the day, with Soy Oil futures up steady to...

The wheat complex posted marginal gains on Wednesday with contracts higher across the three exchanges. Chicago SRW futures were fractionally to 3 cents higher. KC HRW futures saw 2 ¼ to 3 ¼ cent gains. MPLS spring wheat was 1 to 2 ¼ cents higher. Export Sales data will be...

Corn futures posted 4 ¾ to 8 ¼ cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price was up 8 1/2 cents at $4.14 3/4. Some premium may have been put in the market as rain is expected over the next week in the central...

We outline a potential price path fpr Canola.

Funds Still Net Short Chicago