World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight trading was slightly weaker as the selling continued after yesterday’s disappointing close. Positions are being liquidated as summer weather forecasts improve, despite the fact that corn and soybeans are in rough shape across much of the U.S.  The day session featured more of the same with weaker grain prices and soybeans up slightly on better soyoil prices. Mild optimism for Chinese soybean demand also helped keep soybean futures higher today. Broadly, however, exports remain a headwind for most ag commodities, and the U.S. dollar’s sharp rally today is not going to help. Cash corn and soybean prices are weaker across the Corn Belt as old crop farm sales are increasing slightly. The steady maturation of the 2019...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

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Market Commentary: Bearish Beat Goes On

The CBOT was essentially all red on Wednesday with traders finding little support from either the fundamental or technical components of commodity price analysis. Wheat was the downside leader for the day as a strong dollar, improving conditions in the Plains, and increasingly tepid exports fro...

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