Soybeans are trading with 16 to 17 cent gains in front months on Friday. There were 100 deliveries issued for May beans overnight. The cmdtyView national average Cash Bean price is up 17 cents at $11.42 3/4. Soymeal futures are up $1.50 to $2, with Soy Oil futures up 40...

The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures are up 4 to 7 cents higher to round out the week. KC HRW futures are 4 to 9 cents in the green so far on Friday. MPLS spring wheat is trading with 5...

Corn price action is down 2 cents in the front months so far on Friday morning. Futures posted some strength off early lows on Thursday, as contracts were steady to a penny lower in most front months. A few deferreds closed fractionally higher. Open interest showed continued long liquidation, down...

Wheat is kicking of Friday with modest fractional to 3 cent gains. The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents at the Thursday close. There were 12 deliveries issued against May...

Soybeans are up 2 to 4 cents in the front months on Friday. Futures bounced off the early session lows on Thursday, with contract closing fractionally to 2 ½ cents lower. Open interest suggested a rotation of ownership, up just 165 contracts. There were 100 deliveries issued for May beans...

Corn futures posted some strength off early lows on Thursday, as contracts were steady to a penny lower in most front months. A few deferreds closed fractionally higher. The CmdtyView national average Cash Corn price was down a penny on the day to $4.25 1/2. Despite early talk of easing...

The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents at the Thursday close. KC HRW futures led the downside charge, down 19 ½ to 21 cents. MPLS spring wheat was down 13...

Soybeans bounced off the early session lows on Thursday, with contract closing fractionally to 2 ½ cents lower. The cmdtyView national average Cash Bean price was down 2 1/4 cents at $11.24 1/4. Soymeal futures were up $1.60 in the front months to 40 cents lower, with Soy Oil futures...

POP

There are a few factors that appeared today that may be some of the reason for the lower trade.

Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though he anticipates a rally next week fueled by renewed geopolitical tensions and optimism surrounding the upcoming China Summit.

Corn futures are trading with 2 to 3 cent losses in the front months on Thursday, bouncing off early lows. There were 113 deliveries issued against May corn futures overnight. The CmdtyView national average Cash Corn price is 2 1/4 cents lower on the day to $4.24. USDA’s Weekly Export...