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The wheat market is continuing the push higher at midday. Chicago contracts are 7 to 10 cents higher so far. Kansas City is trading 8 to 9 ½ cents in the green. MPLS is bringing up the rear, but still with 5 to 7 ¼ cent gains. After the close,...
Corn futures are pushing higher across the front months on Tuesday. Contracts are up 1 to 3 cents so far, extending the Monday strength. Monday afternoon’s Crop Progress report showed planting progressing to 12% completed as of 4/21, 2% faster than the 5-year average pace and matching last year. Many...
Soybean futures are up anywhere from fractionally in the new crop months to 4 cents in the nearbys at midday. Soymeal is down 20 cents to $1 so far, with Soy Oil showing 28 to 30 point gains. Soybean planting is off to a decent start, with NASS reporting 8%...
An analysis of Chicago SRW Wheat to assist traders and farmers with grain marketing.
#5 | New Heights Cocoa and copper continued to make a run for it last week, especially cocoa which traded above $12,000/tonne briefly on Friday before settling at $11,878 - nearly $5.00 per pound! Everyone's new favorite commodity has broken since though, down nearly 15% to start the week. #4...
The wheat market is trading higher across all three exchanges this morning. They led the grain rally on Monday. Chicago contracts were up 10 to 21 cents across the board. Kansas City futures were 16 ¼ to 20 ¼ cents higher on the day. MPLS spring wheat posted lighter gains,...
Overnight trade in the bean market has futures 2 to 3 cents lower Soybeans were up 8 ½ to 11 ¾ at the close on Monday. Soymeal was up 60 cents to $2.10 on the day to support beans via higher product values. The real support was from Soy Oil...
Corn is showing fractional to 1 ½ cent losses to start your Tuesday. Futures were up 3 to 6 ¾ cents on a combination of factors including damage to the Pivdennyi port facilities in Ukraine, and strong export inspections because Brazilian shipments will be limited between now and winter crop...
The wheat market led the grain rally on Monday. Chicago contracts were up 10 to 21 cents across the board. Kansas City futures were 16 ¼ to 20 ¼ cents higher on the day. MPLS spring wheat posted lighter gains, but still 3 ¼ to 10 ¼ cents higher. A...
Corn futures got some help from the other grains in the complex, as contracts closed with gains of 3 to 6 ¾ cents across the board. Positive Inspections data and spillover strength from wheat were supportive. USDA’s Export Inspection report showed a MY high 1.623 MMT of corn shipped during...
Soybeans closed the week’s opening session with contracts 8 ½ to 11 ¾ at the closing bell. Soymeal was up 60 cents to $2.10 on the day to help with product support. The real support was from Soy Oil , which saw contracts up 65 to 72 points at the...
Short futures traders are believed to have been the biggest buyers today. How open interest ends up on today's trade may help to decipher how interested traders are.
Corn futures are pushing higher to start the week, with contracts up 5 to 7 cents at midday. Spillover support from strength in wheat is helping. Preliminary open interest rose 5,697 contracts on Friday on overall net new buying. USDA’s Export Inspection report showed a MY high 1.623 MMT of...
The wheat market is leading the grain rally on Monday, as contracts are pushing higher. Chicago futures are up 20 to 23 cents. Kansas City contracts are up 17 to 21 cents. MPLS is following along with gains of 6 to 10 ¼ cents. Weekly Export Inspection data from USDA...
Soybeans are posting double digit 11 to 14 cent gains on Monday, helped out by the oil part of the products. Preliminary open interest from Friday showed some net new buying, up 2,147 contracts. Soymeal was mixed, with May down 40 cents and July up 50 cents/ton. Soy Oil saw...
Taking a look back at one of the years from my grain career that lives rent free in my head. What happened in 2014 and what I'm doing to avoid having it happen again.
The wheat market is mostly higher in the winter wheats early on Monday, with MPLS showing slightly mixed action. They were on a rally train on Friday, as Chicago led the complex with 13 ½ to 17 ¼ cent gains. Price action was a mix of short covering and net...
Overnight action in the bean market has futures down 3 to 5 cents. Soybeans posted 7 ¾ to 16 ¾ cent gains across the board on Friday to ease the week’s losses. Preliminary open interest showed some net new buying, up 2,147 contracts. Soymeal was up $3.50 to $5.80 heading...
Corn is trading fractionally mixed following the opening overnight session. Corn pared losses for the week with a Friday short covering rally in May futures, as contracts were up 3 ½ to 6 ¾ cents across the board. May was up 6 ¾, with December up 6 ¼ cents to...
When looking at the different aspects of the corn market as a long-term investment opportunity, we can use different studies to evaluate its value and growth potential.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Cotton has dropped nearly (22%) since briefly topping the 100 level in early March. As of the Friday close, Cotton is sitting just above the upward trendline that has supported Cotton since October of 2023.
