Simmering tensions spark ag market rally
USDA Reports on March 12thBull vs bear fork in the road by Lightspring via Shutterstock
Corn Completes Our 61.8% (512.00) to 61.8% (454.00) Target, Now Looking For 490.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.Corn, blue sky - by Skitterphoto via Pixabay
Corn Closes Friday with Gains to Close Near Steady on the Week
Corn posted gains of 3 to 6 cents across most contracts on Friday. After a down then up week, May closed the week with just a ¼ cent loss. New crop December was down ¾ cent. CmdtyView’s national average Cash Corn price was up 5 1/2 cents at $4.29. CFTC...Cultivated corn - by styx via Pixabay
Soybeans Close Mixed on Friday
The soybean market saw mixed action and spreading between the old and new crop contracts. Nearbys were down 2 to 4 cents, with new crop months up 4 to 5 cents. May was down ¾ cent on the week as November slipped off 4 cents. The cmdtyView national front month...Soy milk and pellets by bigfatcat via
Wheat Slips Back Lower on Friday
Wheat pulled back on Friday across the three exchanges. Chicago SRW futures posted losses of 2 to 3 cents, with May down 4 ½ cents this week. KC HRW futures were fractionally to a penny lower in the nearbys, as May was down 8 ¼ cents from last Friday. MPLS...Wheat and bread on a table by scorpp via
Cattle Markets Surge on Strong Cash and Hogs Work Higher
Live Cattle Cash trades higher surprising Futures tradersBlack and white cow brown cow by Rudy and Peter Skitterians via Pixabay
Shootin' the Bull about fundamental changes
A great change is believed to have taken place this week. That being, the basis is shifting from months of being positive, (cash leads the way), to now a negative basis, suggesting great expectations for future prices.Angus cow by Jeremy Stenuit via iStock
Grain Spreads: Wheat Ends with a Whimper
Short Covering Only Takes Price So Farlate summer landscape with straw bales in field by dusipuffi via iStock
A Recap of This Week's Choppy Trade
Tariff talk kept markets moving this week with ride trading ranges in grain and livestock markets. Is this the new norm?Ear of corn - by Couleur via Pixabay
This Week at the Chicago Board of Trade EP 2
Dan and Oliver share their outlook and confusion over this week's trading environment on a volatile Friday. Confusion and a lack of clarity regarding tariffs and trade have been the running theme this week. Watch here as the team talks through their own views and outlook on this environment.Bullish
Pure Hedge - Livestock and Grain
Crazy Cattle Markets - Tariff Trouble Coming?Cattle in feed lot by Clinton Austin via iStock
Wheat Slipping Lower on Friday
Wheat is posting slightly lower trade so far on Friday across the three exchanges. Chicago SRW futures are showing losses of 2 to 3 cents, with front month March slightly higher. KC HRW futures are down 3 to 4 cents across most front months. MPLS spring wheat is down 3...Field of wheat under a blue
Corn Pushing Higher on Friday’s Midday
Corn is continuing to see the bulls battle back, with contracts up 1 to 6 cents so far at midday. There were 23 deliveries against March corn futures overnight. CmdtyView’s national average Cash Corn price is up 4 3/4 cents at $4.28 1/42. Export Sales data has total corn export...Corn, soybeans -
Soybeans Leaking Lower at Midday
The soybean market is showing weakness in the front months on Friday down 4 cents, with new crop up 2 cents. The cmdtyView national front month Cash Bean price is down 4 cents at $9.58 3/4. Soymeal futures were up 20 cents/ton on the day, with Soy Oil futures 14...Soybean field and sunshine by fotok
Excitement in the Grain Markets
Grain markets have seen volatility rise recently, presenting shorter term trade opportunities for both the Bulls and the Bears. These are the levels to keep an eye on into the last trading day of the week.Corn Field Sunny Sky Shoots
Corn Weaker to Start Friday
The corn market is trading with slight losses to start the Friday session. Futures were up from 4 to 9 ¼ cents across most contracts on Thursday, as the market tried to recover some of the losses from the past couple weeks. Preliminary open interest showed a rotation of ownership,...Pile of yellow c
Wheat Back to Weaker Trade on Friday Morning
Wheat is starting off Friday with losses across the three markets of 7 to 9 cents. The wheat market rallied back across the three exchanges into Thursday’s close. Chicago SRW futures were off the intraday highs, but still 5 to 7 cents higher on the day. KC HRW futures were...Harvesting wheat with co
Soybeans Backing on into Friday
Soybeans are trading with 1 to 3 cent losses early on Friday morning. The market closed Thursday with contracts 11 to 16 ¼ cents higher. The cmdtyView national front month Cash Bean price was up 16 cents at $9.62. Soymeal futures were up $2 to $5.10/ton on the day, with...Rows of soybeans in a field
Hogs Rally on Another Tariff Postponement
Hogs surge as some tariffs are delayed againPig in a pen by AlexRaths via iStock
Corn Rallies Tariffs Get Pushed Back
Corn futures were up anywhere from 4 to 9 ¼ cents across most contracts on Thursday, as the market tried to recover some of the losses from the past couple weeks. CmdtyView’s national average Cash Corn price was up 8 3/4 cents at $4.23 1/2. After a couple days of...Yellow corn with husks removed by