Commodity Markets, Prices & Futures
Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, oil and more and stay on top of what’s going on in the markets. Cash price reflects the USDA Chicago terminal.
Check out our location-based Cash Grain Bids tool here!
Latest News from Markets
Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
Scott Varilek with Kooima Kooima Varilek says after a bounce on Thursday many producers were asking if a bottom was starting to be forged but the negative stories won’t die down.
Shawn Hackett with Hackett Financial Advisors says he sees higher prices ahead for the grain markets.
Darin Newsom, senior market analyst with Barchart, says it is not unexpected to see a little profit taking moving into the end of the month. However, he thinks any breaks will be bought by the trend following funds.
Jim McCormick with AgMarket.Net says the market saw massive fund buying and short covering adding war or geopolitical premium.
DuWayne Bosse of Bolt Marketing says funds are buying in corn on technical signals and concerns about a tightening U.S. and global balance sheet for corn.
Darren Frye with Water Street Solutions says the funds bought corn on the break with crop ratings down 3% and made a new contract high close. Can futures keep moving to $6 or where do they project to?
Randy Martinson with Martinson Ag says the corn market saw new contract highs on Monday. Tuesday morning it looked like funds were back in buying the break.
Alan Brugler of A&N Economics says corn made new contract highs Sunday night but if it was trading the 173.2 bu. per acre corn yield from Pro Farmer prices would be much higher.
Brad Kooima of Kooima Kooima Varilek says the placements were 11% below last year and a bullish surprise for him and the trade. However, the President’s beef plan it stifling the recovery.