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Soybeans Pressure Continues into Tuesday Trade
Grain
October 15, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Pressure Continues into Tuesday Trade

Soybeans are trading with Tuesday AM losses of 9 to 10 cents. They posted 9 to 10 cent losses across most contracts on Monday. CmdtyView’s national front month Cash Bean price is down 8 1/2 cents at $9.35 ½. Soymeal futures were steady to $1.50/ton higher on the day. Soy...
Corn Continuing Slide on Tuesday Morning
Grain
October 15, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Continuing Slide on Tuesday Morning

Corn prices are down 2 to 3 cents so far on Tuesday morning. Futures closed the Monday session with contracts falling 7 to 9 cents across most contracts on Monday. Sharp pressure from the outside factors weighed on the market, with crude oil down $3.70/barrel and the US dollar index...
Wheat Slipping Lower on Tuesday AM
Grain
October 15, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Slipping Lower on Tuesday AM

Wheat futures are showing some slight weakness so far on Tuesday morning. The complex posted double digit losses across the three exchanges on Monday. Chicago SRW futures were down 13 to 15 cents on the day. KC HRW contracts were 14 to 16 cents lower at the Monday close. MPLS...
Corn Prices Stumble: Is the Rally Over or Just Getting Started?
Grain
October 14, 2024
From 
Don Dawson
 via 
Barchart

Corn Prices Stumble: Is the Rally Over or Just Getting Started?

Corn prices are correcting the uptrend from the $3.85 level after reaching $4.34 for the December futures contract. The recent United States Department of Agriculture (USDA) crop production and World Agricultural Supply Demand Estimate (WASDE) report weigh heavily on the market. Producers have been waiting for a price rally to sell much of their on-farm corn from last year. With this year's harvest nearly 50% completed and carryover estimated to be 1.81 million bushels, storage has become a problem, resulting in corn being brought to market.
Wheat Fall Double Digits on Monday
Grain
October 14, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Fall Double Digits on Monday

The wheat complex posted double digit losses across the three exchanges on Monday. Chicago SRW futures were down 13 to 15 cents on the day. KC HRW contracts were 14 to 16 cents lower at the Monday close. MPLS spring wheat fell another 15 to 18 cents. The weekly Export...
Soybeans Fall on Monday from Pressure via Bean Oil
Grain
October 14, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Fall on Monday from Pressure via Bean Oil

Soybeans posted 9 to 10 cent losses across most contracts on Monday. CmdtyView’s national front month Cash Bean price is down 8 1/2 cents at $9.35 ½. Soymeal futures were steady to $1.50/ton higher on the day. Soy Oil contracts were down 125 to 143 points on the session, as...
Corn Collapses Out of the Weekend
Grain
October 14, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Collapses Out of the Weekend

Corn futures closed the Monday session with contracts falling 7 to 9 cents across most contracts on Monday. Sharp pressure from the outside factors weighed on the market, with crude oil down $3.70/barrel and the US dollar index up 303 points. The national average Cash Corn price from cmdtyView was...
Hogs Break Down
Grain
October 14, 2024
From 
Ben DiCostanzo
 via 
Barchart

Hogs Break Down

Hogs fail at resistance and moves lower
Pure Hedge - Livestock and Grain
Grain
October 14, 2024
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Beans Break $10-Dollar level, As Feeders Sit Below 250.50
Grain Spreads: Harvest Push
Grain
October 14, 2024
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Harvest Push

Beans Drop Amid Harvest Pressure Better Weather in S.A.
Grain Technical Give Way
Grain
October 14, 2024
From 
Oliver Sloup
 via 
Barchart

Grain Technical Give Way

Grain markets were lower to start the week on continued pressure from last week's WASDE report. The weakness has broken chart support which may put the Bears back in the driver's seat.
Shootin' the Bull about trying hard
Grain
October 14, 2024
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about trying hard

Traders worked feverishly all day attempting to push fats to a new high.  They were unable by the close, but they tried awfully hard.