After scoring new 9-year highs overnight, grain futures plummet on profit-taking ahead of Thanksgiving.
After scoring new 9-year highs overnight, grain futures plummet on profit-taking ahead of Thanksgiving.
Rains in Australia continue to reduce milling wheat supplies to feed wheat.
New all-time highs were seen in French milling wheat and the US winter wheat contracts again today.
French milling wheat pushes new all-time highs again today before closing well off early highs.
Index funds exploded buying everything out of the gates today taking everything they can get their hands on in soft commodities along with grains.
Wheat futures tumbled hard today dragging grains with on a strong US dollar problem.
Soybeans have rallied $0.75 in 5 trading sessions, courtesy of soybean meal.
Not very often you see soybeans sharply higher twice in a week.
New contract highs in the winter wheat contracts are in the US as French wheat scores new high values.
Grain futures exploded for corn and wheat today as China is in Ukrainian corn, and Russia will raise taxes on wheat.