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Wheat Posts Strength on Thursday
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Strength on Thursday

The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat rallied 4 ¼ to 8 cents higher into the...
Soybeans Pull Out Gains on Thursday
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Soybeans Pull Out Gains on Thursday

Soybeans faced early weakness on Thursday, but bulls fought back to close the day with contracts up 1 ¾ to 8 ¾ cents as Nov was narrowing some spreads. CmdtyView’s national front month Cash Bean price was up 9 1/2 cents at $9.30. Soymeal futures were mixed, with front months...
Corn Comes Back into Thursday’s Close
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Comes Back into Thursday’s Close

Corn futures closed out the Thursday session with contracts puling off the early low and closing steady to 2 cents higher in the nearbys. Other contracts were fractionally to a penny lower. The national average Cash Corn price from cmdtyView was up 2 1/4 cents at $3.75 3/4 per bu....
Shootin' the Bull about cures
Grain
October 17, 2024
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about cures

The cure for higher prices is higher prices.
Grain Markets Stage a Bullish Reversal
Grain
October 17, 2024
From 
Oliver Sloup
 via 
Barchart

Grain Markets Stage a Bullish Reversal

Grain markets took out the previous day's low but managed to recover and take out the previous day's high, which may offer a technical tailwind for prices into the weekend.
Corn Back to Unchanged on Thursday
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Back to Unchanged on Thursday

Corn futures are trading with fractionally mixed action on Thursday. The national average Cash Corn price from cmdtyView is up ½ cent at $3.73 per bu. The average close for December corn futures so far in October, which indicates the fall crop insurance price, is $4.19. That is 47 cents...
Wheat Bulls Pushing Back on Thursday
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Bulls Pushing Back on Thursday

The wheat complex is trading higher across the three exchanges on Thursday. Chicago SRW futures are 3 to 4 cents so far on the day. KC HRW contracts are 3 to 4 cents higher on the session. MPLS spring wheat is trading with 5 to 6 cent higher action. Export...
Soybean Off the Lows at Midday
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Soybean Off the Lows at Midday

Soybeans are off the lows on Thursday, with contracts down 1 to 3 ½ cents. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.21 1/2. Soymeal futures are $3.40/ton higher on the day. Soy Oil contracts are up 52 points on the session. The average close...
Corn Giving Back Wednesday Gains on Thursday AM Trade
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Corn Giving Back Wednesday Gains on Thursday AM Trade

Corn prices are trading with 2 to 3 cent losses so far on Thursday morning. Futures closed out the Wednesday session with contracts fractionally to 3 ½ cents higher. The national average Cash Corn price from cmdtyView was back up 3 3/4 cents at $3.73 1/2 per bu. The average...
Soybeans Continue to Drift Lower
Grain
October 17, 2024
From 
Oliver Sloup
 via 
Barchart

Soybeans Continue to Drift Lower

Soybeans have been the weak link since last week’s USDA report, spilling into weakness for corn and wheat. Are we headed back to the August lows?
Soybean Pressure Continues Overnight
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Soybean Pressure Continues Overnight

Soybeans are trading with Thursday morning losses of 10 to 11 cents so far. Futures posted losses of 4 ½ to 11 cents across the board on Wednesday. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.21 1/2. Soymeal futures were firm to $1.90/ton higher to...
Wheat Creeping Back Lower on Thursday Morning
Grain
October 17, 2024
From 
Austin Schroeder
 via 
Barchart

Wheat Creeping Back Lower on Thursday Morning

Wheat futures are trading with losses to kick off Thursday trade. The complex posted gains across the three exchanges to close out Wednesday. Chicago SRW futures were up 1 1/4 to 5 1/2 cents on the day. KC HRW contracts were 3 to 5 3/4 cents higher on the session....