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Corn Rallying After Overnight Losses, as Robust Ethanol Output Continues
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Rallying After Overnight Losses, as Robust Ethanol Output Continues

Despite the early overnight losses, corn futures are putting on a midday rally, with contracts up 5 to 7 cents. The US dollar index is up 1.696 to 105.020 following the outcome of the Presidential election that saw President Trump elected. The national average Cash Corn price from cmdtyView is...
Soybeans Rallying Off Post-Election Lows
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Rallying Off Post-Election Lows

Soybeans are shrugging off the overnight double digit losses on Wednesday, ignoring potential Trade War fears from a Trump presidency. One election promise from the President-elect was tariffs, likely on China, though this comes after late January’s inauguration and is post the peak US soybean shipping season. CmdtyView’s national front...
Corn Pulling Back Following Overnight Dollar Rally
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Pulling Back Following Overnight Dollar Rally

Corn futures are trading with 3 to 4 ¼ cent losses, as the dollar is up 1.821 to 105.145 following the outcome of the Presidential election that saw Trump elected. The market closed out the Tuesday session with contracts 1 to 2 cents higher, as export business continues to trickle...
Grains Retreat but are Defending Technical Support
Grain
November 6, 2024
From 
Oliver Sloup
 via 
Barchart

Grains Retreat but are Defending Technical Support

Grain markets weaker in the early morning trade, testing important support levels. Will it hold through today’s trade and into Friday’s WASDE report?
Soybeans Fall in Overnight Trade as President Trump Elected
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Fall in Overnight Trade as President Trump Elected

Soybean bears are taking control this morning, with losses of 15 to 18 cents as President Trump was reelected to the White House. This will likely have some impact on trade once he is inaugurated in January, as one election promise was tariffs, and likely on China. The markets are...
Corn Pulling Back Following Overnight Rally
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Pulling Back Following Overnight Rally

Corn futures are trading with 3 to 4 ¼ cent losses, as the dollar is up 1.821 to 105.145 following the outcome of the Presidential election that saw Trump elected. The market closed out the Tuesday session with contracts 1 to 2 cents higher, as export business continues to trickle...
Wheat Falling on Wednesday AM
Grain
November 6, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Falling on Wednesday AM

Wheat is trading with losses on Wednesday morning as the US dollar index rallies. The wheat markets posted gains across the three exchanges to close out Tuesday. Chicago SRW futures were up 3 1/4 to 3 3/4 cents as the session settled on Election Day. KC HRW contracts were fractionally...
Are Wall Street Analysts Bullish on Mosaic Stock?
Grain
November 6, 2024
From 
Aditya Sarawgi
 via 
Barchart

Are Wall Street Analysts Bullish on Mosaic Stock?

Mosaic has substantially underperformed the broader market over the past year, but analysts remain moderately bullish on the stock’s prospects.
US Election: Initial Market Reactions
Grain
November 6, 2024
From 
Darin Newsom
 via 
Barchart

US Election: Initial Market Reactions

The various market sectors are showing an interesting reaction to news the US is moving forward with a second Donald Trump administration.
Lean Hogs, Was it the 84.70 Gann Square, or 78.6% Fib That sent it Lower
Grain
November 5, 2024
From 
Nick Ehrenberg
 via 
Barchart

Lean Hogs, Was it the 84.70 Gann Square, or 78.6% Fib That sent it Lower

Educational and actionable information using Fibonacci and W.D. Gann analysis.
Pure Hedge - Livestock and Grain - SPECIAL
Grain
November 5, 2024
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain - SPECIAL

This is something different - Basket of Trade Ideas - Continue Reading Walsh Gamma Trader For New Updates - Pure Hedge Returns Tomorrow, With Important Market Information.
Wheat Posts Strength on Tuesday
Grain
November 5, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Strength on Tuesday

The wheat markets posted gains across the three exchanges to close out Tuesday. Chicago SRW futures were up 3 1/4 to 3 3/4 cents as the session settled on Election Day. KC HRW contracts were fractionally to 5 3/4 cents higher across board. MPLS spring wheat was up 2 1/2...