U.S. Dollar Leans Heavy on Soybean Prices, Are HPAI Worries Behind Us?
Click Below To Watch The Full Interview Grain Market News: The weather has not been a real threat to planting progress in the U.S. with the recent moisture, the market has viewed this as mostly bearish, considering how dry parts of Iowa, Minnesota, South Dakota, and Nebraska are. Planting delay worries for corn won’t come […]
Corn Futures Price Chart Review
Corn Futures: Listed below are 2 price charts, top one is old crop and the bottom one is new crop corn. Corn has been finding resistance at former support indicated by the horizontal blue lines on the charts. You will also notice the new crop corn chart did not go down and break the pre […]
Corn Price Action; difficult but not impossible
Corn: Corn trade on Tuesday was extremely frustrating to watch. The total gain from last Thursday’s post report rally was lost and it appeared the down trend was going to continue. The market seems to inflict the most amount of pain. Running through the sell stops that were put in place for anyone that bought on report […]
📺🎥 Commodity Wide Technical Selling Has Most Markets Lower.
Export Inspections Fade Compared to Previous Week. Commodity wide technical selling has most markets in the red. Corn and wheat are making new lows as well as hogs. Cattle are trading below the May chart breakout areas. Kent Beadle, Paradigm Futures, has analysis. Export Inspections Corn – 406,680 MT Corn export inspections have decreased by […]
USDA Grain Stocks
Corn dips beyond estimates, Wheat comes in on target. According to the USDA, as of September 1, 2023, marking the official conclusion of the 2022-23 marketing year, there were 1.36 billion bushels of corn held in storage. This figure falls within the lower range of pre-report expectations and is a result of the USDA’s revision […]
As Harvest Approaches, Crop Conditions See Lowest Rating in Over a Decade.
Corn🔹(G+E%) 53-3 pts WoWSoybeans🔹(G+E%) 53-5 pts WoW Soybeans led the overnight price gains, with corn and soybeans being supported by deteriorating crop condition ratings during overnight trade, while wheat also traded higher. As of 6:30 a.m. CT, corn futures were trading mostly 2 cents higher, soybeans were 11 to 13 cents higher, winter wheat markets […]
Crop Conditions
Corn🔹(G+E%) 61 -3% WoW Soybeans🔹(G+E%) 59 -3% WoW Spring Wheat🔹(G+E%) 60 -4% WoW Winter Wheat🔹(G+E%) 38 +2% WoW Crop conditions face concerns about continued dryness in the U.S. Midwest is underpinning corn and soybeans. Farmers and traders now want to see rain actually falling and not just forecast, despite some rain in the forecasts this […]
USDA Grain Export Sales
Corn and Wheat Post NET Negative Sales Soybeans Sputter Corn💠- 338,974 MT Soybeans💠16,950 MT Wheat 💠-42,198 MT
Crop Planting Progress
Corn and Soybeans Outpace 5-year Average Corn💠65% Planted Soybeans💠49% Planted Spring Wheat 💠40% Planted Winter Wheat Heading💠49% Todays’ Crop Planting Progress report shows a slight improvement to Winter Wheat, while Corn and Soybeans out-pace their 5 Year average. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must […]
USDA Grain Export Sales
Corn Rebounds, Soybeans and Wheat Drop. Corn💠257,279 MT Soybeans💠62,170 MT Wheat 💠26,263 MT The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.
