On the mid day cattle comment, I recommended for soybean farmers to buy the $11.50 November soybean put for around $.50. If you happen to own or have oil rights leases and this price increase of oil is beneficial to you, even at the discounts, you can lock in a higher price, with a put option, than has been available to you for the past 12 months.

The wheat complex is pushing higher on Thursday. Chicago SRW futures are up 3 to 7 cents on the day. KC HRW futures are trading with 4 to 6 ¼ cent gains at midday. MPLS spring wheat are up 3 to 4 cents in the front months on Thursday. The...

Corn futures are trading with 3 to 4 cent gains at midday, as March is up 5 ¾ ahead of Friday’s expiration. The CmdtyView national averageCash Corn price is up 3 1/4 cents to $4.20 ¾. Crude oil is up another $7.90 on Thursday. Export Sales data from this morning...

Soybeans are posting double digit gains in the front months on Thursday, up 14 to 17 cents. The cmdtyView national average Cash Bean price is up 14 3/4 cents at $11.54. Soymeal futures are up $3.70 to $5.30, with Soy Oil futures are up 30 to 40 points at midday....

In an interview on AgWeb's Markets Now, Darin Newsom explains that current volatility across the commodity complex is being driven primarily by algorithmic trading reacting to geopolitical headlines and widespread fears of inflation, rather than traditional supply and demand fundamentals.

Grain markets are relatively quiet in the early morning trade with a holiday tomorrow and July options expiration on Friday.

The wheat complex saw higher trade on Wednesday. Chicago SRW futures were 3 to 4 cents in the green on Wednesday. Open interest rose 9,021 contracts, suggesting new buying. KC HRW futures were up 4 to 5 cents in the front months. MPLS spring wheat was up 3 cents in...

Soybeans are trading with 15 to 17 cent gains so far on Thursday. Futures saw gains of 12 to 14 cents in the front months on Wednesday. Open interest showed net new buying, up 15,897 contracts. There were 23 deliveries notices against March futures overnight. The cmdtyView national average Cash...

Corn prices are 4 to 6 cents higher so far on Thursday morning. Futures closed with 8 to 9 cent gains in the front months on Wednesday. Open interest was up 46,175 contracts on Wednesday. There were 137 deliveries issued against March corn overnight. The CmdtyView national average Cash Corn...

We take a brief look at the Canola Nearby weekly chart and the RSI

The wheat complex saw higher trade on Wednesday. Chicago SRW futures were 3 to 4 cents in the green on Wednesday. KC HRW futures were up 4 to 5 cents in the front months. MPLS spring wheat was up 3 cents in the front months on Wednesday. The next 7...

Soybeans saw gains of 12 to 14 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was up 12 cents at $11.39 1/4. Soymeal futures were up 10 to 90 cents, with Soy Oil futures 122 to 175 points higher. There were 200 deliveries issued...