Wheat futures are sharply higher today with corn until after today's USDA crop data. Soybeans putting in mixed results.
Wheat futures are sharply higher today with corn until after today's USDA crop data. Soybeans putting in mixed results.
Grain futures caught a bid overnight for turnaround Tuesday, but gains are tepid with the volatility in weakness in energies and metals.
Name a commodity today and it has a negative arrow in front of it.
Grain futures were sharply lower across the board this morning, but when stats Canada released their data, prices reversed higher for wheat.
Wheat futures stole the show on more concerns that India will leave the export market as Kansas wheat futures are up over $0.50 a bushel today.
Grain futures have seen a sizable move today for wheat to the upside as India lowers their wheat crop size.
Grain futures advanced in the morning on reduced planting progress but collapsed in price throughout the session.
Grain futures are sharply lower across the board with soybeans leading the decline with cracks in the forecast allowing some planting soon.
Grain futures have a lot of bullish news around for corn and soybeans, but they just can't seem to race through highs made two weeks ago and hold.
The US dollar is becoming a problem for commodities, with the US dollar bolting 4% in value in the last five days.