Wheat Slips Lower on Friday, with Help from USDA
Wheat futures ended the Friday session with losses though they were off the lows at the close. That was despite a more friendly acreage number, as stocks were burdensome. Chicago contracts…
Wheat Falling on Bearish Stocks Number
Wheat futures are falling at midday despite a more friendly acreage number, as stocks were burdensome. Chicago contracts are back down 10 to 13 cents so far. Kansas City futures are…
Wheat Following Up Thursday’s Double Digit Bounce with Friday Gains
Wheat prices are posting gains so far on Friday morning. They took a day off from the relentless selling, posting double digit gains ahead of the USDA reports today. Chicago…
Wheat Gets Double Digit Bounce from Export Sales Data and Profit Taking
Wheat futures took a day off from the relentless selling, posting double digit gains ahead of the USDA reports on Friday. Chicago contracts settled 16 ¾ to 19 cents higher. Kansas…
Wheat Getting a Boost from Export Sales Data
The wheat complex is getting a rally going on Thursday, after falling to new lows for the move. Chicago contracts are trading with 19 to 22 cent gains at midday. Kansas…
Wheat Mixed on Thursday
The wheat complex is showing mixed trade this morning after seeing some positive action on Wednesday, with contracts holding firm. Chicago contracts were within a penny of unchanged to close out…
Soybeans Rallying on Wednesday
Soybean trade is pushing higher on Wednesday, with contracts up 8 to 15 cents. Soymeal is 40 cents/ton in the front months, with Soy Oil up 79 to 159 points on the day. There…
Soybeans Pushing Higher to Start Wednesday Trade
Soybean trade has Wednesday morning price action 6 to 7 cents higher so far. They ended the Tuesday session with contracts mixed, as nearby contracts were up ¼ to 5 ½…
Soybeans Close with Mixed Action on Tuesday
Soybeans ended the Tuesday session with contracts mixed, as nearby contracts were up ¼ to 5 ½ cents, as back months were ¾ to 2 ¾ cents lower. Soymeal was up $1.30 to…
Soybeans Pull Back from Double Digit Gains
Soybeans are posting fractional to 5 cent gains so far on Tuesday’s midday, despite double digit gains earlier in the day. There were no deliveries vs. July soybeans. The oldest soybean…