Cattle Markets Made New Highs Again - Grains Are Ready to Fly Higher - You Want to Read This One

Funds Dump as Inversions Narrow

Cattle feeders came to within 4 tics of having to pay $300.00 for the right to own feeder cattle in August.

The corn market is failing to hold the early bounce back strength so far at Tuesday’s midday, with fractional to 2 cent losses. The nearby CmdtyView national average Cash Corn price is down ¾ cent at $4.23 3/4. Crop Progress data from Monday afternoon showed the US corn crop at...

Soybeans are trading with contracts 4 to 7 cents in the red at Tuesday’s midday. CmdtyView’s national front month Cash Bean price is down 7 cents at $9.86. Soymeal futures are down $1.70/ton, with Soy Oil futures down another 31 points. Soybean planting was pegged at 30% complete as of...

The wheat complex is trying to push higher so far on Tuesday’s midday. Chicago SRW futures are trading with 4 to 6 cent gains on Tuesday. Kansas City HRW futures are trading with contracts up 2 to 3 cents across most contracts, as May is in deliveries and thin. Minneapolis...

5 | Five weeks History says we have about five weeks remaining before new crop corn futures fall off a cliff: 4 | A dramatic rise Brazil’s Safrinha production is the primary driver behind the country’s dramatic rise as a major world corn exporter. In the last two decades, Brazil’s...

Analysis of the weekly Wheat chart displaying several trendlines and how the 525 level continues to be tested.

Soybeans are leaking lower early on Tuesday morning as USDA reports a speedy planting pace. Contracts are down 2 to 5 cents, after falling lower on Monday, with contracts down 8 to 13 cents across most months at the close. Preliminary open interest was down 1,015 contracts on Monday. There...

Wheat futures are reversing recent action as winter wheat contracts are higher on Tuesday morning, with spring wheat showing weakness. The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. There were 2 deliveries against May CBT wheat...

The corn market is trading with 2 to 3 cent nearby gains early on Tuesday, with new crop December down ½ cent. Futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. Preliminary...

Cattle Markets Rally to new highs with Cash Markets at new all-time high prices