Markets - General
Oliver Sloup and Marlin Bohling close out the week, Grains managed to rally in Friday’s trade, despite a largely bearish USDA report. We often refer to this as a fundamental rejection, which may indicate that the market has digested the bulk of the bearish headlines. Is there more upside ahead? Tune in!
The USDA just released their monthly WASDE report which showed some interesting changes for corn and soybeans. Here’s a look at the numbers.
What will break the rangebound trade in corn and soybeans? Check out the line items that may make that difference in tomorrow’s report
Tune in with Oliver Sloup and Marlin Bohling on Markets on the Move! Grain traders gear up for another WASDE report. Oil futures rise along with geopolitical tensions. Is there underpriced risk in that market?
Kicking off a fresh week on Markets on the Move, Oliver Sloup and Marlin Bohling take a closer look at Chicago wheat futures, which have spent the bulk of the last month in a quiet sideways trade. With corn showing signs of turning a corner, are wheat futures next.
Corn, soybeans, and wheat are all in focus as they approach significant technical levels ahead of this week’s WASDE report.
Oliver Sloup & Marlin Bohling bring you a midweek market update: Agricultural commodity markets have settled into a range to start a new month of trade, as traders await new news. Precious metals have been on a tear to start the month, with gold marking new contract highs and silver trading to the highest price in 14 years.
Gulke says next week’s action in corn futures is important because a continued rally could provide the first buy signal in the corn market in over six months.
The onset of drought and disease are causing growing concerns about the size of the U.S. corn and soybean crops this year. Analysts caution while the crops may be going backward in terms of yield, it’s possible USDA actually raises its yield estimates in the September report.
Oliver Sloup and Marlin Bohling return with a midweek update, Grain and livestock futures saw a choppy trade in today’s session while other markets such as metals, stocks, and coffee danced to a different beat.