Wheat Staying Firm at Midday
Front month wheat futures are trading with 7 to 8 ¾ cent gains so far through midday in Chicago. The Hard Red Winter wheat futures are up by as much as 10 ¾ cents so far. Spring wheat prices are sitting 5 to 6 ¼ cents higher. Wire sources had...
Corn Holding with 2c Gains at Midday
Corn futures pressed higher at the day session open, but faded back to 2c gains for the midday print. A large Chinese purchase of Ukrainian corn at discounted prices didn’t seem to faze Monday’s buyers. AgRural reported Brazil’s corn planting at 73% for second crop, which is up from 59%...
Soybean Futures Fade into Midday
Front month soybean futures rallied further at the open, to nearly 20c gains. Futures have since faded back to a mixed midday. Old crop futures are trading fractionally to 4 ¾ cents weaker, while new crop futures are holding 2 cent gains. Soymeal futures have also flipped 180 into the...
What's Wrong With the Corn Market (2024)?
A year ago I laid out the scenario for corn, yet many in the industry were still surprised by the continued selloff. Does the situation look different this time around?
Grain Markets Recover, but Will it Last?
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