The wheat complex was rallying on Friday, with the three exchanges higher on the session. Chicago SRW futures were back up 16 to 18 cents in the front months, with the front month May rallying 26 ¾ cents. Kansas City HRW contracts were 10 to 11 cents higher on the...

The corn market put on a rally on Friday, with contracts up 7 to 10 cents, as front months are approaching $5. May was up 30 cents this week, with December 16 ¾ cents higher. The front month CmdtyView national average Cash Corn price was up 7 1/4 cents at...

Grain Markets on Fire, as the Cattle Bounce Higher Again.

I understand the argument of "if the hotel isn't full, you're losing money".  I don't think that is the case any longer.

The wheat complex is taking back the weakness from Thursday, as contracts are up double digits across the three exchanges, as the USDA was a little more bearish. Chicago SRW futures are back up 16 to 18 cents in the front months. Kansas City HRW contracts are 12 to 14...

The corn market is rallying across most contracts on Friday, up 6 to 10 cents in most nearbys as we trade through midday. The front month CmdtyView national average Cash Corn price is up 6 cents at $4.61 3/4. USDA’s monthly WASDE report from Thursday saw a 75 mbu cut...

The soybean market is trading with double digit gains on Friday, as contracts are up 14 to 19 cents. CmdtyView’s national front month Cash Bean price was up 14 1/2 cents at $9.90 1/4. Soymeal futures are up $2.20/ton, with Soy Oil futures 96 points higher. Overnight, China retaliated to...

Grains have responded positively following Thursday’s WASDE report, with corn, soybeans, and wheat trading to the highest levels in weeks.

Wheat is showing gains early on Friday, with gains in the three markets. The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish. Chicago SRW futures were back down 2 to 5 cents in the front months....

Soybeans are trading with Friday morning gains of 2 to 6 cents across most contracts. The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. Preliminary open interest was down 19,148 contracts. CmdtyView’s national front month Cash Bean...

The corn market is showing 2 to 3 cent gains across most contracts on Friday morning. Corn futures continued to rally on Thursday after the USDA data released, with front months leading the way with 7 to 9 cent gains. New crop was up 3 to 4 cents. Preliminary open...

While this week's rally in the soybean futures market has been impressive, and certainly got a lot of folks excited, has the market actually turned bullish?