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Above normal temperatures coupled with below normal precipitation continues to be the trend in the 6-10 day outlook for many top producing areas.
NewsMay 27, 2023, 9:21 a.m.
Corn futures have rallied every day this week as forecasts for top producing states turn hot and dry into a long weekend.
NewsMay 26, 2023, 1:37 p.m.
Grain futures prices have managed to recover from last week's pressure. Short covering ahead of a long weekend coupled with hot and dry forecasts may be adding premium back into prices.
PremiumMay 26, 2023, 9:04 a.m.
Temperatures are heating up, which is expected this time of year, but many top producing states are staring down above normal temperatures with below normal precipitation.
NewsMay 26, 2023, 6:26 a.m.
Front month corn and bean futures prices were able to firm in todays trade, while the new crop contracts struggled to find their footing.
NewsMay 25, 2023, 3:57 p.m.
Corn futures staged their third consecutive day of gains yesterday but have hit technical resistance. Will the market be able to chew through this level to take prices back near $6.00?
PremiumMay 25, 2023, 8:14 a.m.
Above normal temperatures persist in the 6-10 day outlook which may be welcomed by some areas up North.
NewsMay 25, 2023, 5:16 a.m.
It was a bit of a mixed bag in today's grain trade, with corn higher, beans little changed, and wheat under pressure.
NewsMay 24, 2023, 3:57 p.m.
It's that time of year where we see a lot of back and forth in the grain markets, this presents a lot of great opportunities for traders on both sides of the markets. These are the trading levels we are keeping a close eye on for today's trade.
PremiumMay 24, 2023, 7:25 a.m.Resistance, Pivot, Support levels for Grain Commodities.
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Commodities have gained a lot of attention over the last several years, with grain markets such as corn and wheat taking center stage following Russia’s invasion of Ukraine. Many traders, investors, and hedgers quickly realized that the war would have a big impact on global production and trade flows (imports/exports) which sent prices screaming higher. Many new market participants are now realizing that.
Read More What is a Grain Futures Contract?1. The United States is the world’s largest producer of corn (2. China, 3. Brazil, 4. Argentina, 5. Ukraine)
2. Corn is the largest crop in the United States, accounting for about 90 million acres.
3. Illinois produces the most soybeans in the United States (2. Iowa, 3. Minnesota, 4. Nebraska, 5. Indiana)
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