Packers made their move to improve profit margins by cutting the slaughter pace in hopes of sustaining current box beef prices.  So far, it hasn't helped.

Soybeans are fading into the weekend, with contracts down 3 to 8 cents so far at midday, led by the nearbys. The cmdtyView national front month Cash Bean price is 7 ½ cents lower at $9.78 3/4. Soymeal futures are down $1.20/ton on the day, with Soy Oil futures back...

Corn futures are posting midday losses on Friday, down 3 to 7 cents across most contracts as traders take some money off the table ahead of the weekend. March options expire today. The CmdtyView national average Cash Corn price is down 5 ¾ cents at $4.60 1/2. Export Sales data...

The wheat market is trading firmer on Friday, with contracts in the green across the three exchanges. Chicago SRW futures are up 3 to 4 cents so far on the day. KC HRW futures are back up 3 to 4 cents as well on the session. MPLS spring wheat is...

Wheat prices are heading into the 2025 crop year at much lower levels than in 2022 and 2023. Wheat prices reached lows in August 2024, and while they are consolidating near the low, the recent trend has been higher.

Cattle futures consolidate ahead of the Cattle on Feed report as they approach inflection points on the chart. Lean hogs see continued selling pressure and are threatening a bigger breakdown.

Grain markets have seen a choppy trade which has presented some great opportunities for shorter term traders. These are the levels we are watching into the weekend.

The wheat complex is trading higher ahead of Friday’s Export Sales report, with contracts trading in the green across the three exchanges. Wheat had another round of weaker trade on Thursday. Chicago SRW futures were down 6 to 7 cents on the session. KC HRW futures fell another 6 to...

Corn is trading with fractional to 1 ½ cent losses so far on Friday morning. The corn market posted fractional gains in the front months on Thursday, as new crop December was 3 cents higher at the close. Preliminary open interest was down 2,395 overall on Thursday, with 29,410 contracts...

The soybean market is trading with early Friday losses of 1 to 2 cents. Futures were stronger on Thursday, with gains of 10 to 15 cents at the close. The cmdtyView national front month Cash Bean price was 14 1/4 cents higher at $9.85 1/4. Soymeal futures were up $1.30/ton...

Wheat had another round of weaker trade on Thursday. Chicago SRW futures were down 6 to 7 cents on the session. KC HRW futures fell another 6 to 7 cents into the close. MPLS spring wheat saw fractional losses at the settle. USDA’s weekly Export Sales report are set to...

Soybean futures posted a stronger round of trade on Thursday, with gains of 10 to 15 cents at the close. The cmdtyView national front month Cash Bean price was 14 1/4 cents higher at $9.85 1/4. Soymeal futures were up $1.30/ton on the day, with Soy Oil futures back up...