Positive trade headlines spurred additional momentum in the equity markets, putting pressure on gold. Corn futures continued to retreat, feeder cattle made another round of new contract highs, and oil prices triggered technical alerts.

The corn market is facing a weaker Thursday trade, even as a multi month high in export business was reported this morning. Contracts are down 3 to 5 cents at midday. There were 18 deliveries issued against May futures overnight. The nearby CmdtyView national average Cash Corn price was down...

The wheat complex is trading with contracts on the lower side of unchanged at midday. Chicago SRW futures are down 5 to 6 cents in the front months. There were 29 deliveries issued against May CBT wheat overnight. Kansas City HRW futures are also 5 to 6 cents in the...

Soybeans are posting mixed trade so far on Thursday, with front months firm to 2 cents higher and new crop November down ½ cent. There were 3 deliveries issued against May soybeans overnight. The cmdtyView Cash Bean price is up ¾ cents to $9.88. Soymeal futures are down 80 cents/ton,...

Consider buying a call option on July corn futures.

The wheat complex is showing fractionally mixed trade so far on Thursday. Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. There were 29 deliveries issued against May CBT wheat overnight. Kansas City HRW futures posted weaker...

Soybeans are trading with 5 to 7 cent strength so far on Thursday. The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. Preliminary open interest was up 15,161 contracts on Wednesday. There...

The corn market is trading with contracts steady to 2 cents weaker on Thursday morning. Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. Preliminary open interest was up ,618 contracts, mostly...

The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. The cmdtyView Cash Bean price was down 1 ¾ cents to $9.87. Soymeal futures were up $1.90 to $2.80/ton, with Soy Oil futures...

Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. Kansas City HRW futures posted weaker trade, with 7 to 9 cent losses on the day. Minneapolis spring wheat futures were down 7 to 8 cents at the...

Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. The nearby CmdtyView national average Cash Corn price was down 6 cents at $4.19 1/2. EIA data showed a total of 1.02 million...

Fed Day has came and now passed. Outside markets saw little fluctuation while other markets such as corn, gold, and crude saw bigger daily swings.