Grain futures stumbled as wheat prices dropped due to soft Russian basis. French milling wheat hit lowest since August 2020. Corn and soybeans varied. Livestock futures rebounded. Gold surged on Fed's potential QE
Grain futures stumbled as wheat prices dropped due to soft Russian basis. French milling wheat hit lowest since August 2020. Corn and soybeans varied. Livestock futures rebounded. Gold surged on Fed's potential QE
First notice day for March contracts sees delivery pressure on soybeans, wheat, and soybean oil. Corn markets show potential reversal amid varied agricultural market movements.
Corn futures are up due to potential crop losses from droughts, while cotton acreage shifts may affect production, impacting export markets. Soybeans and wheat prices fluctuate.
Mid-morning, soybeans dipped on Turnaround Tuesday. Corn maintains strength, reversing big time. Wheat holds gains despite weather risks. Rumors circulate on China's corn purchases.
Grain futures see corn drop to $4, March contract down to $3.98, lowest in 3 years. March options expire, export sales low. Livestock prices rise, cattle report awaited.
Grain futures opened strong with corn, soybeans, and wheat rising, especially wheat hitting $6 before market correction. Cattle futures fluctuated; hogs rose. Gold steadied, Bitcoin surged. Crude oil rallied post-inventory data.
Grain markets see midweek dip post-President's Day closure. Funds maintain short positions. Wheat down, corn hits new low. Cattle steady, hogs rise. Oil fluctuates, stocks decline. Gold, silver dip; Bitcoin falls.
Wheat surged in Chicago by 23 cents following a three-day weekend, influenced by global shifts including Poland's block on Ukrainian grain. Corn and soybeans fluctuated amid weather concerns and international trade. Market outlooks remain uncertain amid changing dynamics.
USDA Farm Forum releases bearish data, impacting trade lower. Corn and soybeans acreage slightly lower than expected. Markets in new contract low territory, but futures vary. Cattle and hogs rebounding, gold rising.
Grain futures drop across the board, anticipating USDA's farm forum with expectations on yield trends, leading to record short positions, while South American harvests impact market outlooks.
