by Brian Schad | May 10, 2016 | Grain Futures, Grain Markets, Rice Futures
Rice futures have rallied only $1.50 from its lows just six weeks ago although severe drought reportedly threatens Asian rice production in SE Asia. Rice futures are up .185 cents today currently trading at $11.40 (per cwt) at the Chicago Board of Trade. Adverse dry...
by Brian Schad | Apr 6, 2016 | Corn Futures, Grain Futures, Grain Markets
Corn futures have rebounded 50% of the March 31st plunge following the USDA report which said sowings for corn will be much higher than thought this year with soybeans and wheat taking a back seat. Corn futures are up almost a penny currently trading just under $3.58...
by Brian Schad | Mar 30, 2016 | Corn Futures, Grain Futures, Grain Markets, Soybean Futures
Corn futures & soybean futures stockpiles may be large now, but farmers in the Midwest seem to have no choice but to add to the grain glut. Corn futures & soybeans ended down .06 & .0775 settling near $3.67 & $9.0825 (respectively) today at the Chicago...
by Brian Schad | Mar 16, 2016 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures recent uptick in activity may have have something to do with the world’s biggest wheat buyer conceding to import wheat with traces of fungus in it despite an ongoing dispute. Wheat futures is down .05 cents today currently trading at $4.7225 per bushel...
by Brian Schad | Feb 25, 2016 | Grain Complex, Grain Futures, Grain Markets, Wheat Futures
Wheat futures are finding temporary support with the word out today that farmers are cutting back on their wheat sowings due to prices reportedly having the outlook of falling back to what they were a decade ago. Wheat futures are up .03 cents today currently trading...
by Brian Schad | Feb 10, 2016 | Corn Futures, Grain Futures, Grain Markets
Corn futures seem to lack any strength with plentiful global supplies and now a new report out of Argentina suggesting its going to be another boom year for corn production there. Corn futures ended the day down three-quarters of one cent to just above $3.60 per...
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