Soybeans are facing midday weakness on Friday despite a slightly lower US yield estimate from USDA. Contracts are down 6 to 7 cents so far on the session. CmdtyView’s national front month Cash Bean price is down 6 cents at $9.46. Soymeal is up 20 cents/ton so far on the...

Crop Production - 2024-10-11

WASDE - 2024-10-11

Wheat futures are trading with gains across the three major markets on Friday AM. The complex posted higher trade across the three exchanges on Thursday. Chicago SRW futures were up 4 to 5 cents on the day. KC HRW contracts closed with 2 to 3 cent gains on the session....

Soybean prices are up 5 to 6 cents across the front months on Friday morning. They rounded out the Thursday session with contracts down 4 to 6 cents. CmdtyView’s national front month Cash Bean price is down 5 1/4 cents at $9.52. Soymeal was down $2.50 to $5.10/ton so far...

Corn is trading with Friday morning gains of 1 to 2 cents. Futures settled Thursday with losses of 1 to 3 cents, as traders square up ahead of Friday’s USDA reports. The national average Cash Corn price from cmdtyView was down 2 1/2 cents at $3.86 1/2 per bu. Corn...

The wheat complex posted higher trade across the three exchanges on Thursday. Chicago SRW futures were up 4 to 5 cents on the day. KC HRW contracts closed with 2 to 3 cent gains on the session. MPLS spring wheat was 2 to 3 cents higher at the close. This...

Corn futures settled Thursday with losses of 1 to 3 cents, as traders square up ahead of Friday’s USDA reports. The national average Cash Corn price from cmdtyView was down 2 1/2 cents at $3.86 1/2 per bu. Corn export sales during the week of October 3 totaled 1.22 MMT...

Soybeans rounded out the Thursday session with contracts down 4 to 6 cents. CmdtyView’s national front month Cash Bean price is down 5 1/4 cents at $9.52. Soymeal was down $2.50 to $5.10/ton so far on the day. Soy Oil futures were up 58 to 70 points on the session....

Energy is sharply higher.  I expect energy to continue to trade sharply higher as the US poor energy policy won't increase production and now massive destruction to clean up will increase demand for energy. Throw in all of the turmoil from the middle east and it appears the energy market is reversing higher. I recommend you do something to help mitigate the potential for a significant move higher in energy prices.

Grain markets were mixed in Thursday’s trade as market participants away new news from the USDA.

Soybeans are trading 1 to 3 cents lower so far on Thursday at midday. CmdtyView’s national front month Cash Bean price is down 2 3/4 cents at $9.55 3/4. Soymeal is down $4.80/ton so far on the day. Soy Oil futures are up 89 points on the session. Export Sales...