CBOT futures are mixed at midday with corn, soybean and wheat futures trading either side of unchanged. July corn has taken out the overnight low and the high on expanding volume at midday. The upside reversal pattern in corn is helping to buffer yesterday’s lower close after scoring new contract highs. May soybeans are back…
It has been a mixed morning at the CBOT with corn, soybean and wheat futures trading either side of unchanged in moderate volume. Wheat has been the downside price leader with Chicago posting double digit losses, while soybeans hold in the green on fresh Chinese demand. The CBOT has a corrective feel with profit taking…
Corn and soyoil futures have rallied to new contract highs in moderate volume. Much of the world is still on holiday and its not taking much volume to push CBOT values sharply higher. Corn/wheat have been the upside leaders on weather changes that occurred over the long holiday weekend. The Central US weather forecast went…
AgResource Farm Marketing Advice for Thursday: 1/ No new advice. Â Â Â Â ** AgResource Will Not Produce a PM Wire This Evening Wire and Instead Will Release the Weekend Review After the Close ** Wheat futures in the US and Europe are weaker while row crops look to end flat ahead of the long weekend. Weather…
CBOT futures are mixed at midday with wheat and new crop corn futures pushing higher while old crop corn/soybeans sag. Soyoil futures and May corn are against prior contact highs while the wheat market adds premium for arid Plains weather forecasts. The CBOT will be closed on Friday for the Easter Holiday weekend and traders…
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