Grain prices have been consolidating ahead of today’s monthly WASDE report. These are the levels to keep an eye on

The wheat market is trading with Tuesday morning gains across the three exchanges. Wheat futures posted early week losses on Monday, with all three markets heading lower. Chicago SRW futures were down 3 to 4 cents in the nearbys on the day. KC HRW futures were 6 to 8 cents...

Soybeans are trading near unchanged so far on Tuesday morning. The bean market spent most of Monday in the red, but came back to close steady, with most contracts unchanged at the final bell. CmdtyView’s national front month Cash Bean price was unch cent at $9.88 3/4. Soymeal futures were...

Corn futures are showing steady to fractionally higher trade on Tuesday morning. The corn market posted 4 to 5 ¼ cent on Monday, to kick off a new week of trade, with the new crop contracts leading the bull charge. The national average Cash Corn price from cmdtyView was back...

It was more of the same overnight through early Tuesday morning after the US president once again announced tariffs.

I see a path lower for most of the Livestock and Grain Markets.

Wheat futures posted early week losses on Monday, with all three exchanges heading lower. Chicago SRW futures were down 3 to 4 cents in the nearbys on the day. KC HRW futures were 6 to 8 cents lower in the front months. MPLS spring wheat was 1 to 3 cents...

Soybeans spent most of the day in the red, but came back to close steady, with most contracts unchanged at the final bell. CmdtyView’s national front month Cash Bean price was unch cent at $9.88 3/4. Soymeal futures were down $1.20/ton, with Soy Oil futures 23 points lower. Weekly Export...

The corn market posted 4 to 5 ¼ cent on Monday, to kick off a new week of trade, with the new crop contracts leading the bull charge. The national average Cash Corn price from cmdtyView was back up 4 1/4 cents at $4.57. USDA reported a private export sale...

Hogs make new high and pull back into recent trading range

Unwinding in Front of WASDE

Basis width will be everything going forward.  With few expectations of returning to a negative basis in feeder cattle, how narrow of a positive one can achieve will be the goal.