Livestock Markets - Lower. Grains - Higher. Before the WASDE Report on Friday
Corn futures closed out the Wednesday session with most contracts within ½ cent of unchanged, as just nearby Dec was up ¼ cent. The national average Cash Corn price from cmdtyView was steady today at...
The wheat complex posted Wednesday gains across the three markets at the close. Chicago SRW futures were up ½ to 4 ¼ cents on the day. KC HRW contracts saw 3 ½ to 5 cent gains on the session. MPLS spring...
Soybeans settled Wednesday with contracts up anywhere from 1 ¼ to 4 cents. CmdtyView’s national front month Cash Bean price was up 4 1/4 cents at $9.57 1/4. Soymeal was down a dime to $1.80/ton on...
Price action today is weighted as definitive. Fats posted an outside reversal and dark shadow on the candlestick charts.
The wheat complex is showing Wednesday gains across the three exchanges at midday. Chicago SRW futures are up 3 to 4 cents on the day. KC HRW contracts are posting 4 to 5 cent gains on the session. MPLS...
Soybeans are showing 3 to 6 cent gains so far on Wednesday. CmdtyView’s national front month Cash Bean price is up 5 1/2 cents at $9.58 1/2. Soymeal is down 80 cents/ton on the day. Soy Oil futures...
Corn futures are showing fractional gains across the front months as we trade through Wednesday’s midday. The national average Cash Corn price from cmdtyView is up 1/2 cent at $3.89 3/4 per bu. USDA...
Noncommercial traders in the Grains sector have been moving to the sidelines. We'll see if the various markets provide a fundamental reason for funds to eventually go net-long futures.