Grains see tough news this week. June 3, 2022
This was a tough week for corn. July fell 50 1/4 and December by 40 cents. The July confirmed a Head & Shoulders top with still-lower prices implied. News has clearly changed in this market. From the loss of the summer weather threat, the China/Brazil import deal, potential Ukraine export deal, better than expected Ukraine planting, US corn planting back to normal and poor US demand the trade is now more comfortable suggesting the top is in.
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Allendale Insider
Allendale Insider
On The Go
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Cattle futures expect another gain for cash this week.
June 6, 2023
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Corn and soybeans add premium, but cautiously
June 6, 2023
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Corn and soybeans add premium, but only cautiously.
June 6, 2023
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Cattle hope for a second week of wins.
June 5, 2023
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Condition Ratings Come In Weaker Than Expected
June 5, 2023
On The Go
June 6, 2023
June 6, 2023
June 6, 2023
June 5, 2023
June 5, 2023
Market Movers
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Crop Progress Gives Grains a Lift
June 6, 2023
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Grains See Improved Weather Conditions Ahead
June 5, 2023
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Exports Expected Poor, Grains Move to a Range
June 2, 2023
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
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Macro Selling Seen, Rain Coverage Increases
May 31, 2023
Market Movers
June 6, 2023
June 5, 2023
June 2, 2023
June 1, 2023
May 31, 2023
Snapshots
Snapshots