Today we explain why we had experienced another sharp move on the upside in soybeans but this time wheat joined the party.
Today we explain why we had experienced another sharp move on the upside in soybeans but this time wheat joined the party.
Not only did wheat futures make new lows for the year, soybean futures put in a sharp rally to come within six pennies of last week's highs. Markets are extreme, and we will break them down.
Why did wheat implode again today, we give the answers in today's Heartland Market Talk.
In today's market talk we discuss what set the corn and wheat market sharply lower along with soybeans which after plummeting yesterday are getting a small bounce today.
Today's grain trade was mixed with a sharp rally in wheat and soybeans while corn pressed lower.
In today's market talk, we discuss what pressed the grain prices to the highs of November before faltering late in the session.
Grain futures had seen wild swings today, with soybeans having a nearly $0.40 trading range as reversed from its lows overnight, while wheat futures tumbled as much as $0.25 today. Here's the inside story.
A shortened-day trade between Thanksgiving and the weekend does not have many players. Big swings are being experienced in the trade.
A lot of volatility went through the grain trade today and we will discuss that in today's podcast.
In today's Heartland Market Talk we discussed why grain futures rolled over giving up gains while crude oil continues to advance over two dollars a barrel today.