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Corn Futures Extend Retreat Amid Favorable Weather Conditions

by Brian Schad | Jun 23, 2016 | Corn Futures, Grain Futures, Grain Markets

Corn futures have seen their sixth down day in the last seven sessions with prices slumping nearly .60c a bushel since only last week as weather concerns have subsided. Corn futures are down .055c today currently trading at $3.985 per bushel at the Chicago Board of...

Wheat Futures Plummet as Australian Wheat Crop Lifts to Four-Year High

by Brian Schad | Jun 16, 2016 | Grain Futures, Grain Markets, Wheat Futures

Wheat futures continue their $0.50 cent sell-off from the June 8th $5.24 high as the outlook of Australia’s wheat harvest rising further than expected to a four-year high hits the news. Wheat futures are currently “down” .035c per bushel today currently trading at...

Soymeal Futures Reach New Contract Highs as Domestic Supplies Tighten

by Brian Schad | May 26, 2016 | Grain Futures, Grain Markets, Soybean Futures, Soybean Meal

Soymeal futures reached their highest prices in over a year and a half due to the outlook for Argentina’s supply (the world’s biggest soymeal exporter) and tightening supplies here in the US. Today soymeal futures extended their gains to nearly $420 per ton and are...

Salt-Resistant Rice a Great Hope for Islanders; Rice Futures

by Brian Schad | May 19, 2016 | Grain Futures, Grain Markets, Rice Futures

Rice futures continue their climb from late March lows as an organization in the East Indies helps rice farmers inhabiting disappearing islands with a salt-resistant rice variety. Rice futures closed up .035c yesterday trading at $12.145 per cwt at the Chicago Board...

Corn Futures Extend Gains With 75% Crop Planted and Almost One-Half Emerged

by Brian Schad | May 18, 2016 | Corn Futures, Grain Futures, Grain Markets

Corn futures are strong coming back more than .30c from earlier month lows despite being ahead of planting schedule and nearly half of the national crop emerging. Corn futures are up .025c today currently trading at $3.995 per bushel at the Chicago Board of Trade. The...

With a USDA Shrinking Forecast, Soybean Futures Soared

by Brian Schad | May 11, 2016 | Grain Futures, Grain Markets, Soybean Futures

Soybean futures gained as much as .65c per bushel yesterday following the USDA’s forecast of falling domestic and world stocks, plus heavy domestic crushing volumes and lower South American production. Today soybean futures backed off just over a nickel to close near...
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