Grain Spreads: Wheat War Premium?
KC Wheat ExaminedField of wheat close up by Manfred Richter via Pixabay
Why a colder end to autumn is helping natural gas prices rally. What about soybeans?
Jim puts on his winter hat.Frost on leaves and sticks by Natalia Garidueva via iStock
Wheat Strength Pushes ton Wednesday’s Close as Black Sea Tensions Remain High
The wheat complex continues to extend higher as the Black Sea tensions heighten, with all three markets closing higher. Chicago SRW futures were up 2 3/4 to 5 cents across the board at the close. KC HRW contracts saw gains of 2 to 3 1/2 cents to close out the...Wheat field under cloudy blue sky by B
Corn Posts Wednesday Strength as Robust Ethanol Production Continues
The corn market rallied off early session lows on Wednesday, with contracts closing the day up 1 1/4 to 3 cents. Near record ethanol output and continued spillover strength in wheat helped. The national average Cash Corn price from cmdtyView was up 3 cents at $4.07 3/4 per bu. EIA...Corn up close -
Soybeans Fall to Weakness on Wednesday as Bean Oil Adds Pressure
Soybeans continued to see weakness on Wednesday as contracts posted losses of 4 ½ to 19 ¼ cents. CmdtyView’s national front month Cash Bean price was down 7 1/12 cents at $9.39. Soymeal futures were up 70 cents to $1.30/ton, but Soy Oil futures brought the pressure, down another 95...Tofu and soybe
Pure Hedge - Livestock and Grain
Bullish Natural Gas and Looking for a Big Move in the FeedersCattle in feed lot by Clinton Austin via iStock
Shootin' the Bull about the next shoe to drop
Well, it appears at the close today that both longs and shorts, and those wanting to be long or short, of those not wanting to be long or short, were collectively holding their breath for the next shoe to drop.Cattle by Penny via Pixabay
Corn Turning Higher at Midday
The corn market is rallying off early session lows on Wednesday, with contracts up 2 to 4 cents so far at midday. The national average Cash Corn price from cmdtyView is up 4 1/4 cents at $4.09 per bu. EIA data from this morning showed ethanol production backing off modestly...Sunset over corn field
Soybeans Off the Lows, Still Showing Midday Weakness
Soybeans are facing continued weakness, with pressure coming from oil this time, as contracts are down 4 to 5 cents at midday. CmdtyView’s national front month Cash Bean price is down 3 3/4 cents at $9.43 3/4. The products were back to lower trade on the day to add pressure....Pile of soybeans by PA
Wheat Showing Midday Strength
The wheat complex continues to extend higher as the Black Sea tensions remain high, as all three markets are higher. Chicago SRW futures are up 4 to 6 cents across the nearbys, KC HRW contracts are posting gains of 6 to 7 cents on the session. MPLS spring wheat is...Beautiful Landscape Of Sunset Ove
Grain Markets Retreat Overnight
Grain markets were mostly lower in Tuesday's trade which has led to additional weakness into the Wednesday morning trade. More weakness to come ahead of Friday's options expiration?Corn, soybeans - by 12019 via Pixaba
Wheat Pulling Back on Wednesday AM
Wheat is facing some pressure to kick off the midweek session, as all three markets are lower. The wheat complex extended the recent strength into Tuesday’s close, as escalating tensions in the Black Sea have given a short covering opportunity. Chicago SRW futures were up 2 to 3 cents across...Whea
Soybeans Extend Tuesday Weakness into Wednesday AM Trade
Soybeans are down 7 to 9 cents across most front months on Wednesday, with the products pressuring things again overnight. The soybean market gave back most of Monday’s gains on Tuesday, as contracts turned around for losses of 4 ¾ to 11 ¼ cents across the board. Preliminary open interest...Pile of
Corn Slipping Lower on Wednesday Morning
The corn market is facing weakness as we trade through Wednesday morning. Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. Preliminary interest continues to dip in the December contract, 3down another 27,847 contracts ahead of optio
Has the Global Wheat Market Changed?
The spotlight has turned to global wheat markets this week as the situation in the Black Sea region of the world intensifies.The White House at sunset by idesignimages via iStock
Wheat Gains Hold into Tuesday’s Close
The wheat complex extended the recent strength into Tuesday’s close, as escalating tensions in the Black Sea have given a short covering opportunity. Chicago SRW futures were up 2 to 3 cents across the board, pulling back off the midday highs. KC HRW contracts posted gains of 2 ½ to...Field of wheat
Corn Falls Back on Tuesday
Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. The national average Cash Corn price from cmdtyView was down 1 3/4 cents at $4.04 3/4 per bu. Ukraine’s ag ministry expects the 2025 corn acreage to be up 500,000...Yellow corn with h
Soybeans Head Back Lower on Turnaround Tuesday
The soybean market gave back most of Monday’s gains on Tuesday, as contracts turned around for losses of 4 ¾ to 11 ¼ cents across the board. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.46 1/4. The products were back to lower trade on the...Soybean field crop rows by otic
Grain and Livestock Market Recap
Grain and Livestock Market were mixed in Tuesdays trade, here's how things shook out.Family rounding up cattle in pasture by Jacob Wackerhausen via iStock
Shootin' the Bull about basis making opportunities
Futures traders are on the cusp of taking basis back to negative. Backgrounders are urged to use this sharp, $10.00 narrowing of the basis in just 7 trading days.Cattle by Penny via Pixabay