Markets Shift Focus To New Crop Ukraine Issues March 7, 2022
A higher overnight start for old crop corn futures failed to hold. The day closed lower. It also failed to take out Friday's 782 3/4 highs. The trade was quite eager to point out new crop futures were the leader today. Both new contract highs, and a new high-close, were noted today for the December. The trade may suggest it has factored in what it can for old crop upside risk. The market is now interested in discussing "how severe" of a problem new crop Ukraine grain production will see.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
-
Feeders are keeping an eye on corn.
May 26, 2023
-
Grains Weigh Weather Risk, Heading Into The Holiday Weekend
May 26, 2023
-
Grains begin to accept weather risk.
May 26, 2023
-
New lows for new crop soybeans. Friday may be quiet with a three day weekend ahead.
May 25, 2023
-
Hogs Struggle To Find Relief
May 25, 2023
On The Go
May 26, 2023
May 26, 2023
May 26, 2023
May 25, 2023
May 25, 2023
Market Movers
-
End Of The Week, Holiday Short Covering
May 26, 2023
-
Strong Planting Expectations and Poor Exports Expected
May 25, 2023
-
Oversea Wheat Prices Worth a Close Watch
May 24, 2023
-
Trade Mentality Turns to “Rain Makes Grain”
May 23, 2023
-
Funds Show Short Position on Better Weather and Black Sea Extension
May 22, 2023
Market Movers
May 26, 2023
May 25, 2023
May 24, 2023
May 23, 2023
May 22, 2023
Snapshots
Snapshots