The final Friday in April and man, this month went fast. During my travels over the last couple of evenings, I have seen a lot of field work being done.
Commodity prices are trying to improve today after a very rough week, as crop conditions have improved in the Midwest. The anticipated weather outlook is looking better than expected, with ample moisture and easing temperatures, this has turned funds to sellers.
The grain markets continue to find support with excessive heat in the Midwest and forecast for much of the same for the coming week. The continued concern of the La Nina weather event pushing from the southwest into corn country has buyer’s attention...
The grain markets this week continue to trade range bound, other than wheat currently up some seventy cents on the week...
The grain futures are trading weaker as we move towards Friday’s close. Both corn and beans are down twenty plus cents for the week...
The grain markets have seen another active week as we close out the month of April. We find corn prices leading the way this week trading some thirty cents higher...
The futures markets are finding little support today as we move into the weekend and the last week of April. We have seen a positive week for the most part as corn traded above $8.00, with beans exceeding $17.50...
The grain markets are working feverously today to buy more corn acres, post-release of this week’s USDA crop report. (See below for more information from my colleagues). With April here, we will focus weekly on planted acres and weather forecast...
The USDA will be releasing its spring planting intentions report along with grain stocks usage numbers on Thursday, March 31...
It’s been another week of absolutely insane futures trading at the CME. We continue to trade large inverses in all feed grain and soybean markets. The values would suggest that we need the commodities now, and producers have responded to the demand...