Futures Prices
Jon Scheve looks for historical similarities to 2024 to determine if a corn price rally is even realistic.
Jerry Gulke says he’d like to see another higher weekly close next week to help confirm the bottom is in the soybean market as well as a close above $12. A higher monthly close would be even more convincing.
Grain markets are green to start the week (yes, you read that correctly!). Is there more upside left into March options expiration on Friday?
Jon Scheve explains how crop insurance does not provide a price floor for farmers like some think it does.
Jon Scheve discusses how likely a soybean rally really is. Plus, he walks through his final 2023 soybean futures position.
Jon Scheve discusses the likelihood of a market rally, and what needs to happen for it to become a reality.
Grain markets had a strong start to the week but have so far failed to find any follow-through momentum as traders’ position ahead of March options expiration on Friday.
Jon Scheve discusses different rationale for why corn prices could rally in 2024.
Chip Flory warns that as more crush capacity comes online, the soybean market might realize it waited too long to bid for 2024 soybean acres.
Jon Scheve discusses how to capture market carry in the market and how he made 37 cents of profit.