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...

Soybean futures are up 3 to 6 cents at Thursday’s midday. The cmdtyView Cash Bean price is up 5 3/4 cents to $10.19 1/4. Soymeal futures are $4.70/ton higher on the day, with Soy Oil futures down 84 points. USDA released their weekly Export Sales report this morning, showing 307,939...

The wheat complex trading with losses at Thursday’s midday. Chicago SRW futures are down 2 to 4 cents on the day. The Kansas City HRW market is 1 to 2 cents weaker so far on Thursday. Minneapolis spring wheat futures are slipping back 3 to 5 cents at midday. Export...

The upcoming US Memorial Day Holiday Futures Trading Schedule for Friday, May 23rd, through Monday, May 26th, 2025, is below.

Grain markets have had an impressive first half of the week but saw some of the wind taken out of the sail overnight after running out of momentum against technical resistance.

Wheat is closing back in on steady trade on Thursday morning after overnight weakness. The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. Preliminary open interest was down...

The soybean market is pulling off the sharply lower overnight start, with contracts down 2 to 5 cents on Thursday morning. Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The Preliminary ope interest data showed a drop of 4,832 contracts on Wednesday. The cmdtyView Cash...

Corn is trading with fractionally mixed action on Thursday AM. Futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. Preliminary open interest was up 4,587 contracts on Wednesday. The front month CmdtyView...

The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. The Kansas City HRW market posted 4 to 5 cent gains. Minneapolis spring wheat futures were up 6 to...