Tag "Grain Futures"
While there are plenty of weather concerns for all three crops heading into the weekend, trading was generally quiet and results were mixed on Friday. Corn and soybeans ended modestly lower while all three wheats finished a little higher.
Row crops are weaker at midday with wheat mixed. CORN Corn trade is 4 to 5 cents lower at midday with selling picking up during the day session with the extended forecast looking drier. The weather forecast is still expected
The White House announced that President Trump will not be issuing an Executive Order to pull out of NAFTA, but will instead seek to renegotiate the agreement instead, which provided support to markets. The updated forecast showed heavier rains expected
July K.C. wheat closed up 8 1/2 cents Thursday, bouncing back from last week’s new contract low with help from emerging weather threats to winter wheat. Corn and soybeans were steady to higher in a quiet day of trading, which
Wheat is firmer at midday with row crops mixed. CORN Corn trade is narrowly mixed at midday with trade waiting until the noon forecast to get more excited. The weather forecast is expected to bring heavy rains into the middle
Grains started the day positive but was unable to hold gains. An announcement that the White House is considering an executive order to pull out of NAFTA was a hit to corn, which relies heavily on exports to Mexico. An
July corn gave back a nickel Wednesday and July soybeans slid 8 1/2 cents lower, still mindful of bearish pressure from South American crops while the U.S. encounters a variety of planting hurdles. July Chicago wheat was slightly lower while
Trade is modestly higher at midday in slow trade. CORN Corn trade is 1 to 2 cents higher at midday following the lead of the wheat market after early weakness. The weather forecast is expected to bring heavy rains into
USDA’s planting progress reports had grains lower overnight, but corn and wheat were able to rally to decent gains. Heavy rains in the Midwest forecast raises concerns of delays in corn planting and a possible switch to higher soybean acres.
One day after soybeans closed higher while corn and wheat stayed mixed, the latter two took a turn higher on Tuesday with emerging concerns about cold and wet weather in the forecast. Soybeans gave back part of Monday’s gain after