Wheat Weekly Comments May 2
To start the week wheat opened the session lower with KC gapping lower right out of the gate. The selling pressure was enough to push
To start the week wheat opened the session lower with KC gapping lower right out of the gate. The selling pressure was enough to push
Corn opened Monday’s session lower and extended session losses early. Early selling was tied to reports of good rain over the weekend for parts of
To start the week soybeans were lower overnight and into the day session. The market was able to get on the positive side late in
To start the week, canola gapped lower at the start of the overnight session and then added to the losses. The market briefly got on
Cattle pushed higher in three out of the four sessions for the week ending Thursday. Support came from strong demand as well as from tight
After the long weekend, wheat opened Monday’s session with each exchange going in their own direction. Mpls was steady, Chicago higher, and KC lower. By
To start the week corn opened the session higher and extended session gains throughout the night. But corn faded its gains once the day session
To start the week soybeans gapped higher at the start of the overnight session and stayed on the higher side throughout the overnight and into
To start the week canola was mostly higher overnight but fell lower throughout the day session and closed solidly lower. Pressure in the day session
Cattle started the week on the defense but shook off the early selling pressure to push higher the rest of the week. Live cattle managed
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