Grains stabilize after the four day slide March 1, 2023
May corn finally stabilized after the prior four day slide peeled off 44 cents. Today's close was right back to the 636 3/4 low from December that was key support for bulls to hold. A slight premium today was added with Russia's rhetoric and rumors that China may have bought some US corn. Argentina weather remains a problem. The trade still has overall concern about old crop export sales and new crop supplies ahead with no 2023 weather issue of concern yet.
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Allendale Insider
Allendale Insider
On The Go
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Cash cattle soars to new all-time highs!
June 1, 2023
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Grains Find Life, What Does This Mean Moving Forward?
June 1, 2023
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Corn sets back from a potential breakout.
June 1, 2023
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Will fed cattle futures make it a third week of better trade?
May 31, 2023
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Debt-limit concerns now have a new opponent, June weather
May 31, 2023
On The Go
June 1, 2023
June 1, 2023
June 1, 2023
May 31, 2023
May 31, 2023
Market Movers
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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
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Weather Maps Add Rain, Funds Not Short Covering
May 30, 2023
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End Of The Week, Holiday Short Covering
May 26, 2023
Market Movers
June 2, 2023
June 1, 2023
May 31, 2023
May 30, 2023
May 26, 2023
Snapshots
Snapshots