Wheat Weekly Comments July 10
To start the week wheat opened the session mixed with Mpls and Chicago higher while KC started off lower. It did not take long for
To start the week wheat opened the session mixed with Mpls and Chicago higher while KC started off lower. It did not take long for
To start the week corn opened higher and extended session gains throughout the night and into the day session. Early support came from weather forecast
In Monday’s session soybeans gapped higher at the start of the overnight session and then climbed higher for the rest of the overnight and day
Canola climbed higher throughout Monday’s session and closed sharply higher. Support spilled over from the sharply higher soybean complex. Excessive rains in the Canadian Prairies
Live cattle traded lower every day this week while feeder cattle posted losses in 3 out of the 4 session ending Thursday. Technical selling pressure
To start the week wheat opened the session higher but turned to trade mixed by the end of the night session. Mpls were higher, KC
In Monday’s session corn opened lower and extended session losses throughout the day. Early selling was tied to the rolling of July positions into deferred
To start the week, soybeans were lower overnight and added to the losses in the day session to close solidly lower. Pressure came from positioning
To start the week canola traded on both sides of unchanged in a very choppy session and closed mixed with gains in the front month
The cattle markets struggled this week, posting losses in the first three sessions of the short week. Profit taking and position squaring ahead of end