Grain markets stalled against resistance in yesterday’s trade and are retreating this morning following trade headlines ahead of the long weekend

The soybean market is trading with losses of 5 to 7 cents across the nearbys. Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. Preliminary open interest rose 12,154 contracts on Thursday....

Wheat is showing mixed action across the three markets early on Friday, with contracts sticking close to unch. The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. Thursday’s...

Corn price action is trading with contracts down 1 to 2 ¼ cents across most contracts on Friday morning. Futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. Preliminary open interest from Thursday showed short covering in July, down...

Corn futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. The front month CmdtyView national average Cash Corn price was up 2 1/2 cents at $4.36 1/4. This morning’s Export Sales report showed 1.19 MMT in corn sales during...

Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. The cmdtyView Cash Bean price was up 5 cents to $10.18 1/5. Soymeal futures were $3.10 to 4.60/ton higher on the day, with...

The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. The Kansas City HRW contracts were fractionally mixed on the session. Minneapolis spring wheat futures were down 3 to...

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

Cattle Markets Take Off Again - Grains Still Strong - Will Soybean Oil Fill the Gap?

Silver futures failed to breakout above resistance as the tax bill passing posses a threat to industrial demand. Today's winner and loser both come from the "softs". Ag Markets brace for a long weekend with equity markets recovering some of yesterday's late day selloff

Too much production capacity for too few of animals is now causing the rationing of producers.

Corn showing mixed action on Thursday, with nearby July up 1 ¼ cents and some new crop months down 1 to 2 cents. The front month CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.35 1/2. This morning’s Export Sales report showed 1.19 MMT in corn...