Recent Energy Analysis
Summary of Futures
Dec 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close. Mar 25 Wheat closed at $5.695/bushel, down $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.7775/bushel, down $0.1275 from yesterday's close. Dec 24 Soymeal closed at $287.7/short ton, down $1.7...
Summary of Futures
Dec 24 Corn closed at $4.3025/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.525/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.905/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $289.4/short ton, up $0.8 from yest...
Summary of Futures
Dec 24 Corn closed at $4.2725/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.4975/bushel, up $0.025 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, down $0.1125 from yesterday's close. Dec 24 Soymeal closed at $288.6/short ton, down $1.7 fro...
Summary of Futures
Dec 24 Corn closed at $4.2925/bushel, up $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.4725/bushel, up $0.1075 from yesterday's close. Jan 25 Soybeans closed at $10.0975/bushel, up $0.1125 from yesterday's close. Dec 24 Soymeal closed at $290.3/short ton, up $0.7 from...
CFTC COT Report Analysis
The major finding of Friday’s CFTC report is that funds are increasingly and somewhat aggressively bullish corn as they rapidly expanded a small long into a near-100,000 contract bullish position. Over the period 5 through 12 November, funds bought over 96,000 contracts, which is the 11th large...
Summary of Futures
Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...
Summary of Futures
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...
Summary of Futures
Dec 24 Corn closed at $4.265/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.41/bushel, down $0.1125 from yesterday's close. Jan 25 Soybeans closed at $10.0775/bushel, down $0.0275 from yesterday's close. Dec 24 Soymeal closed at $291.6/short ton, down $1.3 f...
Summary of Futures
Dec 24 Corn closed at $4.285/bushel, down $0.015 from yesterday's close. Dec 24 Wheat closed at $5.5225/bushel, down $0.1325 from yesterday's close. Jan 25 Soybeans closed at $10.105/bushel, down $0.1175 from yesterday's close. Dec 24 Soymeal closed at $292.9/short ton, down $2.2...
Summary of Futures
Dec 24 Corn closed at $4.3/bushel, down $0.01 from yesterday's close. Dec 24 Wheat closed at $5.655/bushel, down $0.07 from yesterday's close. Jan 25 Soybeans closed at $10.2225/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $295.1/short ton, down $1.1 from y...
CFTC COT Report Analysis
The major finding of Friday’s CFTC report was the confirmation that funds have officially flipped their formerly massive net short in corn to a net long. After buying back nearly 40,000 contracts last week, funds now sit long 3,035 contracts as of 5 November, a position which was extended signi...
Summary of Futures
Dec 24 Corn closed at $4.31/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.725/bushel, up $0.01 from yesterday's close. Jan 25 Soybeans closed at $10.3025/bushel, up $0.04 from yesterday's close. Dec 24 Soymeal closed at $296.2/short ton, down $2.3 from yeste...
Summary of Futures
Dec 24 Corn closed at $4.275/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.715/bushel, down $0.0175 from yesterday's close. Jan 25 Soybeans closed at $10.2625/bushel, up $0.225 from yesterday's close. Dec 24 Soymeal closed at $298.5/short ton, up $0.1 from...
Summary of Futures
Dec 24 Corn closed at $4.2625/bushel, up $0.0775 from yesterday's close. Dec 24 Wheat closed at $5.7325/bushel, up $0.0075 from yesterday's close. Jan 25 Soybeans closed at $10.0375/bushel, up $0.02 from yesterday's close. Dec 24 Soymeal closed at $298.4/short ton, down $1.1 from...
Summary of Futures
Dec 24 Corn closed at $4.185/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.725/bushel, up $0.0375 from yesterday's close. Jan 25 Soybeans closed at $10.0175/bushel, up $0.045 from yesterday's close. Dec 24 Soymeal closed at $299.5/short ton, down $0.1 from ye...
Summary of Futures
Dec 24 Corn closed at $4.165/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.6875/bushel, up $0.0075 from yesterday's close. Jan 25 Soybeans closed at $9.9725/bushel, up $0.035 from yesterday's close. Dec 24 Soymeal closed at $299.6/short ton, up $4.3 from yest...
CFTC COT Report Analysis
Through 29 October, funds continued their aggressive short covering in the corn market with strong export sales justifying the move. Funds reduced their net short position by about 60 percent last week, and now hold a relatively small position of 35,000 contracts short. The continued exit from...
Summary of Futures
Dec 24 Corn closed at $4.145/bushel, up $0.0375 from yesterday's close. Dec 24 Wheat closed at $5.68/bushel, down $0.025 from yesterday's close. Jan 25 Soybeans closed at $9.9375/bushel, down $0.0075 from yesterday's close. Dec 24 Soymeal closed at $295.3/short ton, down $4.2 fro...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.0075 from yesterday's close. Dec 24 Wheat closed at $5.705/bushel, down $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.945/bushel, up $0.0325 from yesterday's close. Dec 24 Soymeal closed at $299.5/short ton, down $2.1 f...
Summary of Futures
Dec 24 Corn closed at $4.115/bushel, down $0.0225 from yesterday's close. Dec 24 Wheat closed at $5.7325/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.9125/bushel, up $0.1225 from yesterday's close. Dec 24 Soymeal closed at $301.6/short ton, down $0.2 fr...
Summary of Futures
Dec 24 Corn closed at $4.1375/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.705/bushel, up $0.1175 from yesterday's close. Nov 24 Soybeans closed at $9.6525/bushel, down $0.0875 from yesterday's close. Dec 24 Soymeal closed at $301.8/short ton, down $3 from y...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.5875/bushel, down $0.1025 from yesterday's close. Nov 24 Soybeans closed at $9.74/bushel, down $0.1375 from yesterday's close. Dec 24 Soymeal closed at $304.8/short ton, down $1 fr...
CFTC COT Report Analysis
Through 22 October, funds engaged in the expected short covering in the corn market amid the unexpected surge in exports. Funds’ total buying volume, however, was below expectations at just shy of 20,000 contracts though they certainly added to that number after Tuesday’s data reporting deadlin...
Summary of Futures
Dec 24 Corn closed at $4.1525/bushel, down $0.0625 from yesterday's close. Dec 24 Wheat closed at $5.69/bushel, down $0.125 from yesterday's close. Nov 24 Soybeans closed at $9.8775/bushel, down $0.085 from yesterday's close. Dec 24 Soymeal closed at $305.8/short ton, down $4.6 f...
Summary of Futures
Dec 24 Corn closed at $4.215/bushel, up $0.025 from yesterday's close. Dec 24 Wheat closed at $5.815/bushel, up $0.03 from yesterday's close. Nov 24 Soybeans closed at $9.9625/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $310.4/short ton, down $4.6 from y...
Summary of Futures
Dec 24 Corn closed at $4.165/bushel, up $0.07 from yesterday's close. Dec 24 Wheat closed at $5.76/bushel, up $0.0375 from yesterday's close. Nov 24 Soybeans closed at $9.9175/bushel, up $0.1075 from yesterday's close. Dec 24 Soymeal closed at $317.7/short ton, down $0.6 from yes...
Summary of Futures
Dec 24 Corn closed at $4.095/bushel, up $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.7225/bushel, down $0.005 from yesterday's close. Nov 24 Soybeans closed at $9.81/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $318.3/short ton, up $2.7 from yest...
CFTC COT Report Analysis
Through 15 October, funds reversed their short covering trends and emerged as net sellers in the soybean, corn, and soymeal markets after the bearish October WASDE and shift towards wetter weather in South America. Funds doubled their short position in soybean futures and are now short a small...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.7275/bushel, down $0.1675 from yesterday's close. Nov 24 Soybeans closed at $9.7/bushel, down $0.1875 from yesterday's close. Dec 24 Soymeal closed at $315.6/short ton, down $2.5 fr...
Summary of Futures
Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.85/bushel, up $0.055 from yesterday's close. Nov 24 Soybeans closed at $9.8/bushel, down $0.11 from yesterday's close. Dec 24 Soymeal closed at $313.7/short ton, up $1.9 from yesterd...
Summary of Futures
Dec 24 Corn closed at $4.0125/bushel, down $0.07 from yesterday's close. Dec 24 Wheat closed at $5.795/bushel, down $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.91/bushel, down $0.05 from yesterday's close. Dec 24 Soymeal closed at $311.8/short ton, down $3.5 f...
Summary of Futures
Dec 24 Corn closed at $4.0825/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.8525/bushel, down $0.1375 from yesterday's close. Nov 24 Soybeans closed at $9.96/bushel, down $0.095 from yesterday's close. Dec 24 Soymeal closed at $315.3/short ton, up $0.2...
CFTC COT Report Analysis
Through 8 October, funds continued to exit their formerly massive short positions in corn and soybean futures and now hold a small fraction of that commitment. Funds covered 40 percent of their short position in soybeans and are now only short 18,000 contracts. Similarly, funds bought back half...
Summary of Futures
Dec 24 Corn closed at $4.1575/bushel, down $0.0275 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, down $0.0475 from yesterday's close. Nov 24 Soybeans closed at $10.055/bushel, down $0.0925 from yesterday's close. Dec 24 Soymeal closed at $315.1/short ton, down $...
Summary of Futures
Dec 24 Corn closed at $4.185/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $6.0375/bushel, up $0.0475 from yesterday's close. Nov 24 Soybeans closed at $10.1475/bushel, down $0.055 from yesterday's close. Dec 24 Soymeal closed at $316.1/short ton, down $5...
Summary of Futures
Dec 24 Corn closed at $4.21/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, up $0.0425 from yesterday's close. Nov 24 Soybeans closed at $10.2025/bushel, up $0.04 from yesterday's close. Dec 24 Soymeal closed at $321.2/short ton, down $1.8 from...
Summary of Futures
Dec 24 Corn closed at $4.2075/bushel, down $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.9475/bushel, up $0.0225 from yesterday's close. Nov 24 Soybeans closed at $10.1625/bushel, down $0.1775 from yesterday's close. Dec 24 Soymeal closed at $323/short ton, down $1...
Summary of Futures
Dec 24 Corn closed at $4.26/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.925/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10.34/bushel, down $0.0375 from yesterday's close. Dec 24 Soymeal closed at $324/short ton, down $6.5 from...
Summary of Futures
Dec 24 Corn closed at $4.2475/bushel, down $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8975/bushel, down $0.1375 from yesterday's close. Nov 24 Soybeans closed at $10.3775/bushel, down $0.0825 from yesterday's close. Dec 24 Soymeal closed at $330.5/short ton, down...
Summary of Futures
Dec 24 Corn closed at $4.2825/bushel, down $0.0425 from yesterday's close. Dec 24 Wheat closed at $6.035/bushel, down $0.1175 from yesterday's close. Nov 24 Soybeans closed at $10.46/bushel, down $0.1 from yesterday's close. Dec 24 Soymeal closed at $332.5/short ton, down $7.9...
Export Sales
Export Sales and Shipments for September 20-26, 2024. Wheat: Net sales of 443,700 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipment of 531,700 MT were down 25 percent from the previous week and 16 perc...
Summary of Futures
Dec 24 Corn closed at $4.325/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $6.1525/bushel, up $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.56/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $340.4/short ton, down $7.1 f...
Summary of Futures
Dec 24 Corn closed at $4.29/bushel, up $0.0425 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, up $0.15 from yesterday's close. Nov 24 Soybeans closed at $10.5725/bushel, up $0.0025 from yesterday's close. Dec 24 Soymeal closed at $347.5/short ton, up $5.9 from ye...
Summary of Futures
Dec 24 Corn closed at $4.2475/bushel, up $0.0675 from yesterday's close. Dec 24 Wheat closed at $5.84/bushel, up $0.04 from yesterday's close. Nov 24 Soybeans closed at $10.57/bushel, down $0.0875 from yesterday's close. Dec 24 Soymeal closed at $341.6/short ton, down $2.5 fro...
CFTC COT Report Analysis
Funds activity in the ag futures markets was more subtle than expected for the second straight week. Specifically, fund short-covering in the corn and wheat markets lagged expectations by a wide margin. In corn futures, funds bought back 3,700 contracts (2.6 percent) of their prior short, which...
Summary of Futures
Dec 24 Corn closed at $4.18/bushel, up $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.8/bushel, down $0.0425 from yesterday's close. Nov 24 Soybeans closed at $10.6575/bushel, up $0.2475 from yesterday's close. Dec 24 Soymeal closed at $344.1/short ton, up $17.3 fro...
Summary of Futures
Dec 24 Corn closed at $4.1325/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.8425/bushel, down $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.41/bushel, down $0.1225 from yesterday's close. Dec 24 Soymeal closed at $326.8/short ton, down $1.4...
Summary of Futures
Dec 24 Corn closed at $4.1525/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8925/bushel, up $0.1125 from yesterday's close. Nov 24 Soybeans closed at $10.5325/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $328.2/short ton, up $2.3 from...
Summary of Futures
Dec 24 Corn closed at $4.1175/bushel, down $0.0175 from yesterday's close. Dec 24 Wheat closed at $5.78/bushel, down $0.045 from yesterday's close. Nov 24 Soybeans closed at $10.4225/bushel, up $0.03 from yesterday's close. Dec 24 Soymeal closed at $325.9/short ton, down $2.8...
Summary of Futures
Dec 24 Corn closed at $4.135/bushel, up $0.1175 from yesterday's close. Dec 24 Wheat closed at $5.825/bushel, up $0.14 from yesterday's close. Nov 24 Soybeans closed at $10.3925/bushel, up $0.2725 from yesterday's close. Dec 24 Soymeal closed at $328.7/short ton, up $9.5 from...
CFTC COT Report Analysis
Funds activity in the ag futures markets was more subdued last week than expected. Funds were slight net buyers in soybeans, soymeal, corn, and across the wheat complex, but the percentage shifts in their positions and overall buying volumes underperformed expectations. In the soy complex...
Summary of Futures
Dec 24 Corn closed at $4.0175/bushel, down $0.04 from yesterday's close. Dec 24 Wheat closed at $5.685/bushel, up $0.03 from yesterday's close. Nov 24 Soybeans closed at $10.12/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $319.2/short ton, down $2.4 fr...
Summary of Futures
Dec 24 Corn closed at $4.0575/bushel, down $0.07 from yesterday's close. Dec 24 Wheat closed at $5.655/bushel, down $0.1025 from yesterday's close. Nov 24 Soybeans closed at $10.1325/bushel, down $0.0075 from yesterday's close. Dec 24 Soymeal closed at $321.6/short ton, up $0...
Summary of Futures
Dec 24 Corn closed at $4.1275/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.7575/bushel, up $0 from yesterday's close. Nov 24 Soybeans closed at $10.14/bushel, up $0.08 from yesterday's close. Dec 24 Soymeal closed at $321.4/short ton, down $0.1 from yes...
Summary of Futures
Dec 24 Corn closed at $4.125/bushel, up $0.0175 from yesterday's close. Dec 24 Wheat closed at $5.7575/bushel, down $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10.06/bushel, up $0.015 from yesterday's close. Dec 24 Soymeal closed at $321.5/short ton, down $2.3 f...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $5.785/bushel, down $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.045/bushel, down $0.0175 from yesterday's close. Dec 24 Soymeal closed at $323.8/short ton, up $0...
CFTC COT Report Analysis
Funds continued covering shorts across the grain and oilseed complex through last Tuesday as futures trended firmer heading into the September WASDE. The most notable short covering was in wheat where funds bought back 30 percent of the CBOT position and 33 percent of their HRW short. The buyin...
Hurricane Francine Energy Production Disruptions
The WTI Crude oil futures saw its third consecutive day of gains from the impacts of Hurricane Francine in the Gulf of Mexico and the contract remains up on the week. Francine made landfall on Wednesday on the Louisiana coast and has now been downgraded to a tropical storm. It is tr...
Summary of Futures
Dec 24 Corn closed at $4.1325/bushel, up $0.0725 from yesterday's close. Dec 24 Wheat closed at $5.9475/bushel, up $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.0625/bushel, down $0.045 from yesterday's close. Dec 24 Soymeal closed at $322.9/short ton, down $0...
Summary of Futures
Dec 24 Corn closed at $4.06/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.785/bushel, down $0.0075 from yesterday's close. Nov 24 Soybeans closed at $10.1075/bushel, up $0.1025 from yesterday's close. Dec 24 Soymeal closed at $323.2/short ton, up $3.2 fr...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, up $0.005 from yesterday's close. Dec 24 Wheat closed at $5.7925/bushel, up $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.005/bushel, up $0.0325 from yesterday's close. Dec 24 Soymeal closed at $320/short ton, up $2.5 from ye...
Summary of Futures
Dec 24 Corn closed at $4.0425/bushel, down $0.03 from yesterday's close. Dec 24 Wheat closed at $5.7425/bushel, up $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.9725/bushel, down $0.2075 from yesterday's close. Dec 24 Soymeal closed at $317.5/short ton, down $7...
Summary of Futures
Dec 24 Corn closed at $4.06/bushel, down $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.69/bushel, up $0.005 from yesterday's close. Nov 24 Soybeans closed at $10.1425/bushel, down $0.0375 from yesterday's close. Dec 24 Soymeal closed at $324.1/short ton, down $0.9...
CFTC COT Report Analysis
Friday’s CFTC report featured the expected trends in managed money funds’ activity, but the volume of trade and the degree of change in their position was below expectations. Funds covered about 21,000 contracts of their soybean futures short last week (12.5 percent of the prior wee...
Summary of Futures
Dec 24 Corn closed at $4.0625/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.67/bushel, down $0.0775 from yesterday's close. Nov 24 Soybeans closed at $10.05/bushel, down $0.185 from yesterday's close. Dec 24 Soymeal closed at $324.4/short ton, down $2.1...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.7475/bushel, down $0.06 from yesterday's close. Nov 24 Soybeans closed at $10.235/bushel, up $0.02 from yesterday's close. Dec 24 Soymeal closed at $326.5/short ton, down $2.8 fr...
Summary of Futures
Dec 24 Corn closed at $4.1275/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8075/bushel, up $0.14 from yesterday's close. Nov 24 Soybeans closed at $10.215/bushel, up $0.095 from yesterday's close. Dec 24 Soymeal closed at $329.3/short ton, up $8.5 from y...
Summary of Futures
Dec 24 Corn closed at $4.0925/bushel, up $0.0825 from yesterday's close. Dec 24 Wheat closed at $5.6675/bushel, up $0.1525 from yesterday's close. Nov 24 Soybeans closed at $10.12/bushel, up $0.12 from yesterday's close. Dec 24 Soymeal closed at $320.8/short ton, up $7.8 from...
CFTC COT Report Analysis
Friday’s CFTC report was largely in-line with expectations as it showed mild short covering by managed money traders across the soy complex and corn futures. Funds fought back about 3 percent of their corn short, which continues to hover near this year’s record low values. Funds wer...
Summary of Futures
Dec 24 Corn closed at $4.01/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.515/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10/bushel, up $0.075 from yesterday's close. Dec 24 Soymeal closed at $313/short ton, up $2.1 from yesterday...
Summary of Futures
Dec 24 Corn closed at $3.96/bushel, up $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.4875/bushel, up $0.0725 from yesterday's close. Nov 24 Soybeans closed at $9.925/bushel, up $0.155 from yesterday's close. Dec 24 Soymeal closed at $310.9/short ton, up $2.6 from y...
Summary of Futures
Dec 24 Corn closed at $3.9075/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.415/bushel, up $0.06 from yesterday's close. Nov 24 Soybeans closed at $9.77/bushel, down $0.095 from yesterday's close. Dec 24 Soymeal closed at $308.3/short ton, down $3.9 from...
Summary of Futures
Dec 24 Corn closed at $3.9275/bushel, up $0.0625 from yesterday's close. Dec 24 Wheat closed at $5.355/bushel, up $0.105 from yesterday's close. Nov 24 Soybeans closed at $9.865/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $312.2/short ton, up $4 from ye...
Summary of Futures
Dec 24 Corn closed at $3.865/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.25/bushel, down $0.03 from yesterday's close. Nov 24 Soybeans closed at $9.8075/bushel, up $0.0775 from yesterday's close. Dec 24 Soymeal closed at $308.2/short ton, up $3.7 from...
CFTC COT Report Analysis
Friday’s CFTC report showed funds continuing to expand their short position in soybeans and added about 8.5 percent to their net position last week. That will come as no surprise to anyone watching the markets with soybeans having reached new contract low amid a dearth of fundamental or t...
Summary of Futures
Dec 24 Corn closed at $3.91/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $5.28/bushel, down $0.075 from yesterday's close. Nov 24 Soybeans closed at $9.73/bushel, up $0.115 from yesterday's close. Dec 24 Soymeal closed at $304.5/short ton, up $0.4 from ye...
Summary of Futures
Dec 24 Corn closed at $3.935/bushel, down $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.355/bushel, down $0.085 from yesterday's close. Nov 24 Soybeans closed at $9.615/bushel, down $0.2 from yesterday's close. Dec 24 Soymeal closed at $304.1/short ton, down $4.6 f...
Summary of Futures
Dec 24 Corn closed at $3.9825/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.44/bushel, down $0.125 from yesterday's close. Nov 24 Soybeans closed at $9.815/bushel, up $0.055 from yesterday's close. Dec 24 Soymeal closed at $308.7/short ton, up $0.4 from...
Summary of Futures
Dec 24 Corn closed at $3.98/bushel, down $0.0225 from yesterday's close. Sep 24 Wheat closed at $5.33/bushel, up $0.0475 from yesterday's close. Nov 24 Soybeans closed at $9.76/bushel, up $0 from yesterday's close. Dec 24 Soymeal closed at $308.3/short ton, down $2.2 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0025/bushel, up $0.0775 from yesterday's close. Sep 24 Wheat closed at $5.2825/bushel, down $0.0175 from yesterday's close. Nov 24 Soybeans closed at $9.76/bushel, up $0.19 from yesterday's close. Dec 24 Soymeal closed at $310.5/short ton, up $8.4 from...
CFTC COT Report Analysis
Friday’s CFTC report was in line with expectations as it showed minimal net fund activity with managed money traders remaining heavily short the major ag commodities. Funds bought back just 1 percent of their short position in soybeans last week while adding an equal share to their soyoil...
Summary of Futures
Dec 24 Corn closed at $3.925/bushel, down $0.045 from yesterday's close. Sep 24 Wheat closed at $5.3/bushel, up $0.0175 from yesterday's close. Nov 24 Soybeans closed at $9.57/bushel, down $0.115 from yesterday's close. Dec 24 Soymeal closed at $302.1/short ton, down $5.6 from...
Strategic Petroleum Reserve: Half Full or Half Empty?
On 29 July, the U.S. Department of Energy (DOE) announced that it has purchased 4.65 million barrels of crude oil to be delivered to the Strategic Petroleum Reserve (SPR) between October and December 2024. With this latest round, DOE has purchased 43.25 million barrels to replenish the SP...
Summary of Futures
Dec 24 Corn closed at $3.97/bushel, down $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.2825/bushel, down $0.065 from yesterday's close. Nov 24 Soybeans closed at $9.685/bushel, up $0 from yesterday's close. Dec 24 Soymeal closed at $307.7/short ton, up $4 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0075/bushel, up $0.035 from yesterday's close. Sep 24 Wheat closed at $5.3475/bushel, up $0.06 from yesterday's close. Nov 24 Soybeans closed at $9.685/bushel, up $0.06 from yesterday's close. Dec 24 Soymeal closed at $303.7/short ton, up $4.5 from yes...
Summary of Futures
Dec 24 Corn closed at $3.9725/bushel, down $0.0425 from yesterday's close. Sep 24 Wheat closed at $5.2875/bushel, down $0.08 from yesterday's close. Nov 24 Soybeans closed at $9.625/bushel, down $0.235 from yesterday's close. Dec 24 Soymeal closed at $299.2/short ton, down $5...
Tracking Sustainable Aviation Fuel
A bill has been introduced in the House of Representatives that would require the U.S. Energy Information Administration (EIA) to add sustainable aviation fuel (SAF) to the agency’s monthly published data to provide a benchmark on how the fuel is developing. Recall, the Biden Administrati...
Summary of Futures
Dec 24 Corn closed at $4.015/bushel, up $0.065 from yesterday's close. Sep 24 Wheat closed at $5.3675/bushel, down $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.86/bushel, down $0.165 from yesterday's close. Dec 24 Soymeal closed at $304.6/short ton, down $5.8 f...
CFTC COT Report Analysis
Friday’s CFTC report showed funds more aggressively covering shorts in the grains and oilseed sector heading into the August WASDE. The most notable buying was in corn, where funds bought back 50,000 contracts or about 17 percent of their previous short position and have now shed over 100...
Summary of Futures
Dec 24 Corn closed at $3.95/bushel, down $0.02 from yesterday's close. Sep 24 Wheat closed at $5.425/bushel, up $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.025/bushel, down $0.0575 from yesterday's close. Dec 24 Soymeal closed at $310.4/short ton, down $5.7 fro...
Summary of Futures
Dec 24 Corn closed at $3.97/bushel, down $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.375/bushel, down $0.0075 from yesterday's close. Nov 24 Soybeans closed at $10.0825/bushel, down $0.105 from yesterday's close. Dec 24 Soymeal closed at $316.1/short ton, down $2...
Summary of Futures
Dec 24 Corn closed at $4.0075/bushel, down $0.045 from yesterday's close. Sep 24 Wheat closed at $5.3825/bushel, down $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.1875/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $318.3/short ton, down $8...
Summary of Futures
Dec 24 Corn closed at $4.0525/bushel, down $0.0175 from yesterday's close. Sep 24 Wheat closed at $5.4325/bushel, up $0.0375 from yesterday's close. Nov 24 Soybeans closed at $10.2675/bushel, down $0.14 from yesterday's close. Dec 24 Soymeal closed at $326.6/short ton, down $5...
Summary of Futures
Dec 24 Corn closed at $4.07/bushel, up $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.395/bushel, up $0.005 from yesterday's close. Nov 24 Soybeans closed at $10.4075/bushel, up $0.135 from yesterday's close. Dec 24 Soymeal closed at $331.8/short ton, up $7.2 from y...
CFTC COT Report Analysis
Friday’s CFTC report shows that funds were – through Tuesday’s data reporting deadline – cautiously covering shorts in corn and soybeans as they continued to edge back from their recent record-large short position in both commodities. That was as little surprising given...
Summary of Futures
Dec 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close. Mar 25 Wheat closed at $5.695/bushel, down $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.7775/bushel, down $0.1275 from yesterday's close. Dec 24 Soymeal closed at $287.7/short ton, down $1.7...
Summary of Futures
Dec 24 Corn closed at $4.3025/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.525/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.905/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $289.4/short ton, up $0.8 from yest...
Summary of Futures
Dec 24 Corn closed at $4.2725/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.4975/bushel, up $0.025 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, down $0.1125 from yesterday's close. Dec 24 Soymeal closed at $288.6/short ton, down $1.7 fro...
Summary of Futures
Dec 24 Corn closed at $4.2925/bushel, up $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.4725/bushel, up $0.1075 from yesterday's close. Jan 25 Soybeans closed at $10.0975/bushel, up $0.1125 from yesterday's close. Dec 24 Soymeal closed at $290.3/short ton, up $0.7 from...
CFTC COT Report Analysis
The major finding of Friday’s CFTC report is that funds are increasingly and somewhat aggressively bullish corn as they rapidly expanded a small long into a near-100,000 contract bullish position. Over the period 5 through 12 November, funds bought over 96,000 contracts, which is the 11th large...
Summary of Futures
Dec 24 Corn closed at $4.24/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.365/bushel, up $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.985/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $289.6/short ton, up $2.6 from yesterda...
Summary of Futures
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...
Summary of Futures
Dec 24 Corn closed at $4.265/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.41/bushel, down $0.1125 from yesterday's close. Jan 25 Soybeans closed at $10.0775/bushel, down $0.0275 from yesterday's close. Dec 24 Soymeal closed at $291.6/short ton, down $1.3 f...
Summary of Futures
Dec 24 Corn closed at $4.285/bushel, down $0.015 from yesterday's close. Dec 24 Wheat closed at $5.5225/bushel, down $0.1325 from yesterday's close. Jan 25 Soybeans closed at $10.105/bushel, down $0.1175 from yesterday's close. Dec 24 Soymeal closed at $292.9/short ton, down $2.2...
Summary of Futures
Dec 24 Corn closed at $4.3/bushel, down $0.01 from yesterday's close. Dec 24 Wheat closed at $5.655/bushel, down $0.07 from yesterday's close. Jan 25 Soybeans closed at $10.2225/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $295.1/short ton, down $1.1 from y...
CFTC COT Report Analysis
The major finding of Friday’s CFTC report was the confirmation that funds have officially flipped their formerly massive net short in corn to a net long. After buying back nearly 40,000 contracts last week, funds now sit long 3,035 contracts as of 5 November, a position which was extended signi...
Summary of Futures
Dec 24 Corn closed at $4.31/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.725/bushel, up $0.01 from yesterday's close. Jan 25 Soybeans closed at $10.3025/bushel, up $0.04 from yesterday's close. Dec 24 Soymeal closed at $296.2/short ton, down $2.3 from yeste...
Summary of Futures
Dec 24 Corn closed at $4.275/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.715/bushel, down $0.0175 from yesterday's close. Jan 25 Soybeans closed at $10.2625/bushel, up $0.225 from yesterday's close. Dec 24 Soymeal closed at $298.5/short ton, up $0.1 from...
Summary of Futures
Dec 24 Corn closed at $4.2625/bushel, up $0.0775 from yesterday's close. Dec 24 Wheat closed at $5.7325/bushel, up $0.0075 from yesterday's close. Jan 25 Soybeans closed at $10.0375/bushel, up $0.02 from yesterday's close. Dec 24 Soymeal closed at $298.4/short ton, down $1.1 from...
Summary of Futures
Dec 24 Corn closed at $4.185/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.725/bushel, up $0.0375 from yesterday's close. Jan 25 Soybeans closed at $10.0175/bushel, up $0.045 from yesterday's close. Dec 24 Soymeal closed at $299.5/short ton, down $0.1 from ye...
Summary of Futures
Dec 24 Corn closed at $4.165/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.6875/bushel, up $0.0075 from yesterday's close. Jan 25 Soybeans closed at $9.9725/bushel, up $0.035 from yesterday's close. Dec 24 Soymeal closed at $299.6/short ton, up $4.3 from yest...
CFTC COT Report Analysis
Through 29 October, funds continued their aggressive short covering in the corn market with strong export sales justifying the move. Funds reduced their net short position by about 60 percent last week, and now hold a relatively small position of 35,000 contracts short. The continued exit from...
Summary of Futures
Dec 24 Corn closed at $4.145/bushel, up $0.0375 from yesterday's close. Dec 24 Wheat closed at $5.68/bushel, down $0.025 from yesterday's close. Jan 25 Soybeans closed at $9.9375/bushel, down $0.0075 from yesterday's close. Dec 24 Soymeal closed at $295.3/short ton, down $4.2 fro...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.0075 from yesterday's close. Dec 24 Wheat closed at $5.705/bushel, down $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.945/bushel, up $0.0325 from yesterday's close. Dec 24 Soymeal closed at $299.5/short ton, down $2.1 f...
Summary of Futures
Dec 24 Corn closed at $4.115/bushel, down $0.0225 from yesterday's close. Dec 24 Wheat closed at $5.7325/bushel, up $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.9125/bushel, up $0.1225 from yesterday's close. Dec 24 Soymeal closed at $301.6/short ton, down $0.2 fr...
Summary of Futures
Dec 24 Corn closed at $4.1375/bushel, up $0.03 from yesterday's close. Dec 24 Wheat closed at $5.705/bushel, up $0.1175 from yesterday's close. Nov 24 Soybeans closed at $9.6525/bushel, down $0.0875 from yesterday's close. Dec 24 Soymeal closed at $301.8/short ton, down $3 from y...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.5875/bushel, down $0.1025 from yesterday's close. Nov 24 Soybeans closed at $9.74/bushel, down $0.1375 from yesterday's close. Dec 24 Soymeal closed at $304.8/short ton, down $1 fr...
CFTC COT Report Analysis
Through 22 October, funds engaged in the expected short covering in the corn market amid the unexpected surge in exports. Funds’ total buying volume, however, was below expectations at just shy of 20,000 contracts though they certainly added to that number after Tuesday’s data reporting deadlin...
Summary of Futures
Dec 24 Corn closed at $4.1525/bushel, down $0.0625 from yesterday's close. Dec 24 Wheat closed at $5.69/bushel, down $0.125 from yesterday's close. Nov 24 Soybeans closed at $9.8775/bushel, down $0.085 from yesterday's close. Dec 24 Soymeal closed at $305.8/short ton, down $4.6 f...
Summary of Futures
Dec 24 Corn closed at $4.215/bushel, up $0.025 from yesterday's close. Dec 24 Wheat closed at $5.815/bushel, up $0.03 from yesterday's close. Nov 24 Soybeans closed at $9.9625/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $310.4/short ton, down $4.6 from y...
Summary of Futures
Dec 24 Corn closed at $4.165/bushel, up $0.07 from yesterday's close. Dec 24 Wheat closed at $5.76/bushel, up $0.0375 from yesterday's close. Nov 24 Soybeans closed at $9.9175/bushel, up $0.1075 from yesterday's close. Dec 24 Soymeal closed at $317.7/short ton, down $0.6 from yes...
Summary of Futures
Dec 24 Corn closed at $4.095/bushel, up $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.7225/bushel, down $0.005 from yesterday's close. Nov 24 Soybeans closed at $9.81/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $318.3/short ton, up $2.7 from yest...
CFTC COT Report Analysis
Through 15 October, funds reversed their short covering trends and emerged as net sellers in the soybean, corn, and soymeal markets after the bearish October WASDE and shift towards wetter weather in South America. Funds doubled their short position in soybean futures and are now short a small...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.7275/bushel, down $0.1675 from yesterday's close. Nov 24 Soybeans closed at $9.7/bushel, down $0.1875 from yesterday's close. Dec 24 Soymeal closed at $315.6/short ton, down $2.5 fr...
Summary of Futures
Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.85/bushel, up $0.055 from yesterday's close. Nov 24 Soybeans closed at $9.8/bushel, down $0.11 from yesterday's close. Dec 24 Soymeal closed at $313.7/short ton, up $1.9 from yesterd...
Summary of Futures
Dec 24 Corn closed at $4.0125/bushel, down $0.07 from yesterday's close. Dec 24 Wheat closed at $5.795/bushel, down $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.91/bushel, down $0.05 from yesterday's close. Dec 24 Soymeal closed at $311.8/short ton, down $3.5 f...
Summary of Futures
Dec 24 Corn closed at $4.0825/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.8525/bushel, down $0.1375 from yesterday's close. Nov 24 Soybeans closed at $9.96/bushel, down $0.095 from yesterday's close. Dec 24 Soymeal closed at $315.3/short ton, up $0.2...
CFTC COT Report Analysis
Through 8 October, funds continued to exit their formerly massive short positions in corn and soybean futures and now hold a small fraction of that commitment. Funds covered 40 percent of their short position in soybeans and are now only short 18,000 contracts. Similarly, funds bought back half...
Summary of Futures
Dec 24 Corn closed at $4.1575/bushel, down $0.0275 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, down $0.0475 from yesterday's close. Nov 24 Soybeans closed at $10.055/bushel, down $0.0925 from yesterday's close. Dec 24 Soymeal closed at $315.1/short ton, down $...
Summary of Futures
Dec 24 Corn closed at $4.185/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $6.0375/bushel, up $0.0475 from yesterday's close. Nov 24 Soybeans closed at $10.1475/bushel, down $0.055 from yesterday's close. Dec 24 Soymeal closed at $316.1/short ton, down $5...
Summary of Futures
Dec 24 Corn closed at $4.21/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, up $0.0425 from yesterday's close. Nov 24 Soybeans closed at $10.2025/bushel, up $0.04 from yesterday's close. Dec 24 Soymeal closed at $321.2/short ton, down $1.8 from...
Summary of Futures
Dec 24 Corn closed at $4.2075/bushel, down $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.9475/bushel, up $0.0225 from yesterday's close. Nov 24 Soybeans closed at $10.1625/bushel, down $0.1775 from yesterday's close. Dec 24 Soymeal closed at $323/short ton, down $1...
Summary of Futures
Dec 24 Corn closed at $4.26/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.925/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10.34/bushel, down $0.0375 from yesterday's close. Dec 24 Soymeal closed at $324/short ton, down $6.5 from...
Summary of Futures
Dec 24 Corn closed at $4.2475/bushel, down $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8975/bushel, down $0.1375 from yesterday's close. Nov 24 Soybeans closed at $10.3775/bushel, down $0.0825 from yesterday's close. Dec 24 Soymeal closed at $330.5/short ton, down...
Summary of Futures
Dec 24 Corn closed at $4.2825/bushel, down $0.0425 from yesterday's close. Dec 24 Wheat closed at $6.035/bushel, down $0.1175 from yesterday's close. Nov 24 Soybeans closed at $10.46/bushel, down $0.1 from yesterday's close. Dec 24 Soymeal closed at $332.5/short ton, down $7.9...
Export Sales
Export Sales and Shipments for September 20-26, 2024. Wheat: Net sales of 443,700 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipment of 531,700 MT were down 25 percent from the previous week and 16 perc...
Summary of Futures
Dec 24 Corn closed at $4.325/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $6.1525/bushel, up $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.56/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $340.4/short ton, down $7.1 f...
Summary of Futures
Dec 24 Corn closed at $4.29/bushel, up $0.0425 from yesterday's close. Dec 24 Wheat closed at $5.99/bushel, up $0.15 from yesterday's close. Nov 24 Soybeans closed at $10.5725/bushel, up $0.0025 from yesterday's close. Dec 24 Soymeal closed at $347.5/short ton, up $5.9 from ye...
Summary of Futures
Dec 24 Corn closed at $4.2475/bushel, up $0.0675 from yesterday's close. Dec 24 Wheat closed at $5.84/bushel, up $0.04 from yesterday's close. Nov 24 Soybeans closed at $10.57/bushel, down $0.0875 from yesterday's close. Dec 24 Soymeal closed at $341.6/short ton, down $2.5 fro...
CFTC COT Report Analysis
Funds activity in the ag futures markets was more subtle than expected for the second straight week. Specifically, fund short-covering in the corn and wheat markets lagged expectations by a wide margin. In corn futures, funds bought back 3,700 contracts (2.6 percent) of their prior short, which...
Summary of Futures
Dec 24 Corn closed at $4.18/bushel, up $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.8/bushel, down $0.0425 from yesterday's close. Nov 24 Soybeans closed at $10.6575/bushel, up $0.2475 from yesterday's close. Dec 24 Soymeal closed at $344.1/short ton, up $17.3 fro...
Summary of Futures
Dec 24 Corn closed at $4.1325/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.8425/bushel, down $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.41/bushel, down $0.1225 from yesterday's close. Dec 24 Soymeal closed at $326.8/short ton, down $1.4...
Summary of Futures
Dec 24 Corn closed at $4.1525/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8925/bushel, up $0.1125 from yesterday's close. Nov 24 Soybeans closed at $10.5325/bushel, up $0.11 from yesterday's close. Dec 24 Soymeal closed at $328.2/short ton, up $2.3 from...
Summary of Futures
Dec 24 Corn closed at $4.1175/bushel, down $0.0175 from yesterday's close. Dec 24 Wheat closed at $5.78/bushel, down $0.045 from yesterday's close. Nov 24 Soybeans closed at $10.4225/bushel, up $0.03 from yesterday's close. Dec 24 Soymeal closed at $325.9/short ton, down $2.8...
Summary of Futures
Dec 24 Corn closed at $4.135/bushel, up $0.1175 from yesterday's close. Dec 24 Wheat closed at $5.825/bushel, up $0.14 from yesterday's close. Nov 24 Soybeans closed at $10.3925/bushel, up $0.2725 from yesterday's close. Dec 24 Soymeal closed at $328.7/short ton, up $9.5 from...
CFTC COT Report Analysis
Funds activity in the ag futures markets was more subdued last week than expected. Funds were slight net buyers in soybeans, soymeal, corn, and across the wheat complex, but the percentage shifts in their positions and overall buying volumes underperformed expectations. In the soy complex...
Summary of Futures
Dec 24 Corn closed at $4.0175/bushel, down $0.04 from yesterday's close. Dec 24 Wheat closed at $5.685/bushel, up $0.03 from yesterday's close. Nov 24 Soybeans closed at $10.12/bushel, down $0.0125 from yesterday's close. Dec 24 Soymeal closed at $319.2/short ton, down $2.4 fr...
Summary of Futures
Dec 24 Corn closed at $4.0575/bushel, down $0.07 from yesterday's close. Dec 24 Wheat closed at $5.655/bushel, down $0.1025 from yesterday's close. Nov 24 Soybeans closed at $10.1325/bushel, down $0.0075 from yesterday's close. Dec 24 Soymeal closed at $321.6/short ton, up $0...
Summary of Futures
Dec 24 Corn closed at $4.1275/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.7575/bushel, up $0 from yesterday's close. Nov 24 Soybeans closed at $10.14/bushel, up $0.08 from yesterday's close. Dec 24 Soymeal closed at $321.4/short ton, down $0.1 from yes...
Summary of Futures
Dec 24 Corn closed at $4.125/bushel, up $0.0175 from yesterday's close. Dec 24 Wheat closed at $5.7575/bushel, down $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10.06/bushel, up $0.015 from yesterday's close. Dec 24 Soymeal closed at $321.5/short ton, down $2.3 f...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $5.785/bushel, down $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.045/bushel, down $0.0175 from yesterday's close. Dec 24 Soymeal closed at $323.8/short ton, up $0...
CFTC COT Report Analysis
Funds continued covering shorts across the grain and oilseed complex through last Tuesday as futures trended firmer heading into the September WASDE. The most notable short covering was in wheat where funds bought back 30 percent of the CBOT position and 33 percent of their HRW short. The buyin...
Hurricane Francine Energy Production Disruptions
The WTI Crude oil futures saw its third consecutive day of gains from the impacts of Hurricane Francine in the Gulf of Mexico and the contract remains up on the week. Francine made landfall on Wednesday on the Louisiana coast and has now been downgraded to a tropical storm. It is tr...
Summary of Futures
Dec 24 Corn closed at $4.1325/bushel, up $0.0725 from yesterday's close. Dec 24 Wheat closed at $5.9475/bushel, up $0.1625 from yesterday's close. Nov 24 Soybeans closed at $10.0625/bushel, down $0.045 from yesterday's close. Dec 24 Soymeal closed at $322.9/short ton, down $0...
Summary of Futures
Dec 24 Corn closed at $4.06/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.785/bushel, down $0.0075 from yesterday's close. Nov 24 Soybeans closed at $10.1075/bushel, up $0.1025 from yesterday's close. Dec 24 Soymeal closed at $323.2/short ton, up $3.2 fr...
Summary of Futures
Dec 24 Corn closed at $4.0475/bushel, up $0.005 from yesterday's close. Dec 24 Wheat closed at $5.7925/bushel, up $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.005/bushel, up $0.0325 from yesterday's close. Dec 24 Soymeal closed at $320/short ton, up $2.5 from ye...
Summary of Futures
Dec 24 Corn closed at $4.0425/bushel, down $0.03 from yesterday's close. Dec 24 Wheat closed at $5.7425/bushel, up $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.9725/bushel, down $0.2075 from yesterday's close. Dec 24 Soymeal closed at $317.5/short ton, down $7...
Summary of Futures
Dec 24 Corn closed at $4.06/bushel, down $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.69/bushel, up $0.005 from yesterday's close. Nov 24 Soybeans closed at $10.1425/bushel, down $0.0375 from yesterday's close. Dec 24 Soymeal closed at $324.1/short ton, down $0.9...
CFTC COT Report Analysis
Friday’s CFTC report featured the expected trends in managed money funds’ activity, but the volume of trade and the degree of change in their position was below expectations. Funds covered about 21,000 contracts of their soybean futures short last week (12.5 percent of the prior wee...
Summary of Futures
Dec 24 Corn closed at $4.0625/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.67/bushel, down $0.0775 from yesterday's close. Nov 24 Soybeans closed at $10.05/bushel, down $0.185 from yesterday's close. Dec 24 Soymeal closed at $324.4/short ton, down $2.1...
Summary of Futures
Dec 24 Corn closed at $4.1075/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.7475/bushel, down $0.06 from yesterday's close. Nov 24 Soybeans closed at $10.235/bushel, up $0.02 from yesterday's close. Dec 24 Soymeal closed at $326.5/short ton, down $2.8 fr...
Summary of Futures
Dec 24 Corn closed at $4.1275/bushel, up $0.035 from yesterday's close. Dec 24 Wheat closed at $5.8075/bushel, up $0.14 from yesterday's close. Nov 24 Soybeans closed at $10.215/bushel, up $0.095 from yesterday's close. Dec 24 Soymeal closed at $329.3/short ton, up $8.5 from y...
Summary of Futures
Dec 24 Corn closed at $4.0925/bushel, up $0.0825 from yesterday's close. Dec 24 Wheat closed at $5.6675/bushel, up $0.1525 from yesterday's close. Nov 24 Soybeans closed at $10.12/bushel, up $0.12 from yesterday's close. Dec 24 Soymeal closed at $320.8/short ton, up $7.8 from...
CFTC COT Report Analysis
Friday’s CFTC report was largely in-line with expectations as it showed mild short covering by managed money traders across the soy complex and corn futures. Funds fought back about 3 percent of their corn short, which continues to hover near this year’s record low values. Funds wer...
Summary of Futures
Dec 24 Corn closed at $4.01/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.515/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10/bushel, up $0.075 from yesterday's close. Dec 24 Soymeal closed at $313/short ton, up $2.1 from yesterday...
Summary of Futures
Dec 24 Corn closed at $3.96/bushel, up $0.0525 from yesterday's close. Dec 24 Wheat closed at $5.4875/bushel, up $0.0725 from yesterday's close. Nov 24 Soybeans closed at $9.925/bushel, up $0.155 from yesterday's close. Dec 24 Soymeal closed at $310.9/short ton, up $2.6 from y...
Summary of Futures
Dec 24 Corn closed at $3.9075/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.415/bushel, up $0.06 from yesterday's close. Nov 24 Soybeans closed at $9.77/bushel, down $0.095 from yesterday's close. Dec 24 Soymeal closed at $308.3/short ton, down $3.9 from...
Summary of Futures
Dec 24 Corn closed at $3.9275/bushel, up $0.0625 from yesterday's close. Dec 24 Wheat closed at $5.355/bushel, up $0.105 from yesterday's close. Nov 24 Soybeans closed at $9.865/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $312.2/short ton, up $4 from ye...
Summary of Futures
Dec 24 Corn closed at $3.865/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.25/bushel, down $0.03 from yesterday's close. Nov 24 Soybeans closed at $9.8075/bushel, up $0.0775 from yesterday's close. Dec 24 Soymeal closed at $308.2/short ton, up $3.7 from...
CFTC COT Report Analysis
Friday’s CFTC report showed funds continuing to expand their short position in soybeans and added about 8.5 percent to their net position last week. That will come as no surprise to anyone watching the markets with soybeans having reached new contract low amid a dearth of fundamental or t...
Summary of Futures
Dec 24 Corn closed at $3.91/bushel, down $0.025 from yesterday's close. Dec 24 Wheat closed at $5.28/bushel, down $0.075 from yesterday's close. Nov 24 Soybeans closed at $9.73/bushel, up $0.115 from yesterday's close. Dec 24 Soymeal closed at $304.5/short ton, up $0.4 from ye...
Summary of Futures
Dec 24 Corn closed at $3.935/bushel, down $0.0475 from yesterday's close. Dec 24 Wheat closed at $5.355/bushel, down $0.085 from yesterday's close. Nov 24 Soybeans closed at $9.615/bushel, down $0.2 from yesterday's close. Dec 24 Soymeal closed at $304.1/short ton, down $4.6 f...
Summary of Futures
Dec 24 Corn closed at $3.9825/bushel, up $0.0025 from yesterday's close. Dec 24 Wheat closed at $5.44/bushel, down $0.125 from yesterday's close. Nov 24 Soybeans closed at $9.815/bushel, up $0.055 from yesterday's close. Dec 24 Soymeal closed at $308.7/short ton, up $0.4 from...
Summary of Futures
Dec 24 Corn closed at $3.98/bushel, down $0.0225 from yesterday's close. Sep 24 Wheat closed at $5.33/bushel, up $0.0475 from yesterday's close. Nov 24 Soybeans closed at $9.76/bushel, up $0 from yesterday's close. Dec 24 Soymeal closed at $308.3/short ton, down $2.2 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0025/bushel, up $0.0775 from yesterday's close. Sep 24 Wheat closed at $5.2825/bushel, down $0.0175 from yesterday's close. Nov 24 Soybeans closed at $9.76/bushel, up $0.19 from yesterday's close. Dec 24 Soymeal closed at $310.5/short ton, up $8.4 from...
CFTC COT Report Analysis
Friday’s CFTC report was in line with expectations as it showed minimal net fund activity with managed money traders remaining heavily short the major ag commodities. Funds bought back just 1 percent of their short position in soybeans last week while adding an equal share to their soyoil...
Summary of Futures
Dec 24 Corn closed at $3.925/bushel, down $0.045 from yesterday's close. Sep 24 Wheat closed at $5.3/bushel, up $0.0175 from yesterday's close. Nov 24 Soybeans closed at $9.57/bushel, down $0.115 from yesterday's close. Dec 24 Soymeal closed at $302.1/short ton, down $5.6 from...
Strategic Petroleum Reserve: Half Full or Half Empty?
On 29 July, the U.S. Department of Energy (DOE) announced that it has purchased 4.65 million barrels of crude oil to be delivered to the Strategic Petroleum Reserve (SPR) between October and December 2024. With this latest round, DOE has purchased 43.25 million barrels to replenish the SP...
Summary of Futures
Dec 24 Corn closed at $3.97/bushel, down $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.2825/bushel, down $0.065 from yesterday's close. Nov 24 Soybeans closed at $9.685/bushel, up $0 from yesterday's close. Dec 24 Soymeal closed at $307.7/short ton, up $4 from yest...
Summary of Futures
Dec 24 Corn closed at $4.0075/bushel, up $0.035 from yesterday's close. Sep 24 Wheat closed at $5.3475/bushel, up $0.06 from yesterday's close. Nov 24 Soybeans closed at $9.685/bushel, up $0.06 from yesterday's close. Dec 24 Soymeal closed at $303.7/short ton, up $4.5 from yes...
Summary of Futures
Dec 24 Corn closed at $3.9725/bushel, down $0.0425 from yesterday's close. Sep 24 Wheat closed at $5.2875/bushel, down $0.08 from yesterday's close. Nov 24 Soybeans closed at $9.625/bushel, down $0.235 from yesterday's close. Dec 24 Soymeal closed at $299.2/short ton, down $5...
Tracking Sustainable Aviation Fuel
A bill has been introduced in the House of Representatives that would require the U.S. Energy Information Administration (EIA) to add sustainable aviation fuel (SAF) to the agency’s monthly published data to provide a benchmark on how the fuel is developing. Recall, the Biden Administrati...
Summary of Futures
Dec 24 Corn closed at $4.015/bushel, up $0.065 from yesterday's close. Sep 24 Wheat closed at $5.3675/bushel, down $0.0575 from yesterday's close. Nov 24 Soybeans closed at $9.86/bushel, down $0.165 from yesterday's close. Dec 24 Soymeal closed at $304.6/short ton, down $5.8 f...
CFTC COT Report Analysis
Friday’s CFTC report showed funds more aggressively covering shorts in the grains and oilseed sector heading into the August WASDE. The most notable buying was in corn, where funds bought back 50,000 contracts or about 17 percent of their previous short position and have now shed over 100...
Summary of Futures
Dec 24 Corn closed at $3.95/bushel, down $0.02 from yesterday's close. Sep 24 Wheat closed at $5.425/bushel, up $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.025/bushel, down $0.0575 from yesterday's close. Dec 24 Soymeal closed at $310.4/short ton, down $5.7 fro...
Summary of Futures
Dec 24 Corn closed at $3.97/bushel, down $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.375/bushel, down $0.0075 from yesterday's close. Nov 24 Soybeans closed at $10.0825/bushel, down $0.105 from yesterday's close. Dec 24 Soymeal closed at $316.1/short ton, down $2...
Summary of Futures
Dec 24 Corn closed at $4.0075/bushel, down $0.045 from yesterday's close. Sep 24 Wheat closed at $5.3825/bushel, down $0.05 from yesterday's close. Nov 24 Soybeans closed at $10.1875/bushel, down $0.08 from yesterday's close. Dec 24 Soymeal closed at $318.3/short ton, down $8...
Summary of Futures
Dec 24 Corn closed at $4.0525/bushel, down $0.0175 from yesterday's close. Sep 24 Wheat closed at $5.4325/bushel, up $0.0375 from yesterday's close. Nov 24 Soybeans closed at $10.2675/bushel, down $0.14 from yesterday's close. Dec 24 Soymeal closed at $326.6/short ton, down $5...
Summary of Futures
Dec 24 Corn closed at $4.07/bushel, up $0.0375 from yesterday's close. Sep 24 Wheat closed at $5.395/bushel, up $0.005 from yesterday's close. Nov 24 Soybeans closed at $10.4075/bushel, up $0.135 from yesterday's close. Dec 24 Soymeal closed at $331.8/short ton, up $7.2 from y...
CFTC COT Report Analysis
Friday’s CFTC report shows that funds were – through Tuesday’s data reporting deadline – cautiously covering shorts in corn and soybeans as they continued to edge back from their recent record-large short position in both commodities. That was as little surprising given...