May 26, 2023
Corn and soybeans completed a double-digit push higher and head into the holiday weekend with a strong tone. Both finished the day with gains ranging from 13-18 cents. Trade this week was mostly about funds positioning themselves closer to neutral after flipping short last week. Weather forecasts continue to show a dry bias going into June and this is likely the beginning of some weather-related risk premium being priced into grains. If you're wanting the market to rally, weather is really the only bullish wild card that the market can play. If there is a certain price level you are working for, we strongly encourage you to have sell orders working.
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Nov 27, 2023
Corn and soybeans begin the week down as lower continues to be the path of least resistance. Grains as a whole were largely weaker with wheat double-digits lower and corn finishing with 5-7 cent losses and new 2 1/2...
Nov 22, 2023
Once again, soybeans were the price leader but trade was in heavy risk-off mode in soy. Corn and soybeans bounced around between 1-3 cents lower overnight before selling took over after the morning break. Rains...
Nov 21, 2023
January soybeans have now traded a sixty-cent range over the past two days which includes their lowest quote since November 3 and also trading within a dime of the 3-month highs set just last week. Today's session...