by Brian Schad | Feb 4, 2016 | Corn Futures, Grain Futures, Grain Markets, Wheat Futures
Grain markets are reacting to one the worst droughts on record in South Africa causing a reported 25% slump in corn and wheat grain output this year. Grain futures – both corn & wheat – are both trading down today at the Chicago Board of Trade. The...
by Brian Schad | Feb 3, 2016 | Grain Futures, Grain Markets, Soybean Futures
Soybean futures have much global inventory to unload, but in Argentina there is a reported 12M ton supply that isn’t exactly flying off the selves because farmers there are holding out. Soybean futures are down .11 cents today currently trading just above $8.75 per...
by Brian Schad | Feb 2, 2016 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures did an about-face downward today after it was revealed the country of Egypt – the world’s top wheat importer – is refusing grain shipments with a “zero-tolerance” policy over a fungal residue that causes hallucinations if ingested in...
by Brian Schad | Jan 26, 2016 | Corn Futures, Grain Futures, Grain Markets
Corn futures may be projecting demand as a major bank declares domestic corn sowings will remain steady with last year’s thanks to appealing economics. Corn futures are up .02 cents at this time currently trading at $3.715 per bushel at the Chicago Board of Trade....
by Brian Schad | Jan 12, 2016 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures traders have more data to take in as it is reported the wheat market in Brazil has practically come to a stop in some places due to the poor quality of their domestic crop. Wheat futures are up .10 cents today, currently trading at $4.79 per bushel at...
by Brian Schad | Dec 24, 2015 | Corn Futures, Grain Futures, Grain Markets
Corn futures are poised, one week before the end of the year, to see lower prices for a third year in a row – as of today, down 8% year-to-date. Corn futures ended the day down .01 cent settling near $3.645 per bushel at The Chicago Board of Trade (“CBT”). Corn...
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