The wheat market is posting gain across the three exchanges at Thursday’s midday. Chicago SRW futures are 10 to 13 cents higher so far on the day. KC HRW futures are 8 to 13 cents so far across most front months. There were 26 deliveries against March KC wheat overnight....

The corn market is in takeback mode on Thursday, with contracts up 12 to 13 cents in the front months and new crop up 4 to 5 cents. There were another 83 deliveries issued for March corn overnight. CmdtyView’s national average Cash Corn price is up 12 1/4 cents at...

Soybeans are showing 13 to 20 cent gains so far on Thursday. The cmdtyView national front month Cash Bean price is up 18 ½ cents at $9.65 1/2. Soymeal futures are up $6.10/ton, with Soy Oil futures 29 points higher. There were 220 deliveries issued against March soybeans overnight, all...

The soybean market is trading with slight gains on Thursday morning of fractionally to 4 cents. Soybeans recovered higher on Wednesday, with gains of 6 to 14 cents at the close. The front months posted the strongest moves. Preliminary open interest was up 6,539 contracts, mostly in July and November....

The wheat market is starting off Thursday with weakness, as MPLS is holding up. Wheat was in recovery mode on Wednesday with strength across the three exchanges. Chicago SRW futures were 11 to 13 cents higher on the day. KC HRW futures were up 6 to 9 cents so far...

Corn futures are down 1 to 2 cents in most contracts on Thursday morning. The corn market popped back higher on Wednesday, with gains of 4 to 5 cents in the nearbys at the close. New crop contracts were slacking off, with December steady. Preliminary open interest data from CME...

Wheat was in recovery mode on Wednesday with strength across the three exchanges. Chicago SRW futures were 11 to 13 cents higher on the day. KC HRW futures were up 6 to 9 cents so far across most front months. MPLS spring wheat was up 8 cents in the May...

Soybeans recovered higher on Wednesday, with gains of 6 to 14 cents at the close. The front months posted the strongest moves, with May and November holding above $10. The cmdtyView national front month Cash Bean price was up 13 cents at $9.46. Soymeal futures were up $4.50 to $7.10/ton,...

The corn market popped back higher on Wednesday, with gains of 4 to 5 cents in the nearbys at the close. New crop contracts were slacking off, with December steady. CmdtyView’s national average Cash Corn price was up 4 1/2 cents at $4.15 3/4. President Trump is delaying part of...

Soybeans Firm after Tariff Rout

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

A significant loss of open interest on Tuesday suggests fewer are finding the hyper volatility interesting.  Futures traders did producers a solid by converging basis.