Crop losses in Russia along with revelation that the spring wheat crop is not improving, pushed wheat futures $0.50 higher on the session.
Crop losses in Russia along with revelation that the spring wheat crop is not improving, pushed wheat futures $0.50 higher on the session.
Follow-through buying in the Sunday night/Monday session had seen spot July soybeans and delivery trade up to $16 before retreating $0.30 as deferred soybean contracts also large overnight gains from last Friday's bullish USDA crop report.
It's been a long time since you saw soybeans sharply higher while the corn market went sharply lower.
Today we break down the Midwest weather and in Midwest along with expectations for Friday's crop report.
Today we talk about how 2023 is not 2012, it is its own year.
Yesterday's crop ratings were as bad as 2012, but that's about as bad as it gets, as rains this past weekend north of I 80, with the rest of the dry Midwest likely receiving an inch of rain this weekend and more for next week. This had corn down over $0.30 at one time today […]
Overnight wheat had seen large gains that were erased throughout the session, as the threat of civil war was a misunderstanding. We report.
We recap the week, discussing the movements that have occurred in the magnitude they have going in the next week.
Not very often do you see limit down grain and limit up on others. We will discuss this.
Is more to it than just weather today, and we explain why grain prices had seen soybeans drop $0.40 from their Monday night high.