Grains resist lower trade. May 3, 2023
Old and new crop corn futures performed quite well today. New lows for this general downtrend were reached yet again in the morning hours. The day's close, at higher prices, formed an Outside Day closing higher. There is no problem with the planting situation over the next three weeks. Arguments over general dryness for April and May are gaining interest.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
-
Will fed cattle futures make it a third week of better trade?
May 31, 2023
-
Debt-limit concerns now have a new opponent, June weather
May 31, 2023
-
Debt-limit concerns now have a new opponent, June weather.
May 31, 2023
-
First Crop Rating Of The Year Just Below Expectations
May 30, 2023
-
Funds near record hog futures lows last Tuesday. Likely at new lows currently.
May 30, 2023
On The Go
May 31, 2023
May 31, 2023
May 31, 2023
May 30, 2023
May 30, 2023
Market Movers
-
Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
-
Macro Selling Seen, Rain Coverage Increases
May 31, 2023
-
Weather Maps Add Rain, Funds Not Short Covering
May 30, 2023
-
End Of The Week, Holiday Short Covering
May 26, 2023
-
Strong Planting Expectations and Poor Exports Expected
May 25, 2023
Market Movers
June 1, 2023
May 31, 2023
May 30, 2023
May 26, 2023
May 25, 2023
Snapshots
Snapshots