Bean Oil Provides Support.

Wheat is trading with gains so far on Friday across the three markets. Chicago SRW futures are fractionally higher at midday. Kansas City HRW contracts are showing fractional gains. MPLS spring wheat is steady to down a penny. May options expire today. Export Sales data shows a total of 21.483...

The soybean market is slipping 1 to 2 cents in the front months and showing 1 ½ gains in November. CmdtyView’s national front month Cash Bean price down 2 cents at $10.03 ¾. Soymeal futures are up $1.80/ton, as Soy Oil futures are down 36 points on the session. May...

The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52. The CBOT is raising daily price limits for corn futures by a...

Soybean futures are out above significant resistance in the early morning trade, will the strength last into the weekend or will the rally fizzle out?

Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures were 1 to 2 cents higher at the close at midday. Kansas City HRW contracts saw stead to fractionally...

Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent weakness. Preliminary open interest was down 26,893 contracts on Thursday, as 35,687 contracts were out...

The soybean market is trading mixed action to start Friday, with nearbys slight lower and new crop ticking higher. Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. Preliminary open interest showed a rotation of ownership, down just 65 contracts. CmdtyView’s national front month...

Can we believe what we see on the July HRW daily chart from Thursday's close? Or will the market's fundamentals keep buyers away for now?

Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20 to $2.10/ton, as Soy Oil futures were up 103 to 174 points on the session....

Corn futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent weakness. The nearby CmdtyView national average Cash Corn price was up 5 1/2 cents at $4.50 1/2. The CBOT is raising daily price limits for corn futures by a nickel to 35 cents,...

In an interview on AgWeb's Markets Now, Darin Newsom of Barchart discussed the surprising grain market rally led by soybeans despite negative China trade news, a potential corrective bounce in corn with weak basis, and a likely bear trap in wheat, while also touching on the bullish cattle market's connection to equities and a potential shift out of stocks into safer assets.