Wheat Weekly Comments March 6
To start the week wheat gapped higher on the opening bell with support coming from the military action against Iran. Logistic concerns were the main
To start the week wheat gapped higher on the opening bell with support coming from the military action against Iran. Logistic concerns were the main
To start the week corn gapped higher but faded its early session gains and was posting small losses by the close. Early support came from
Soybeans started the week by gapping higher at the start of the overnight session then pulled back and traded in a tight range on both
To start the week canola gapped higher at the start of the overnight session and then added to the gains to close with strong gains.
Live cattle traded with gains throughout the week while feeder cattle flipped flopped back and forth starting the week with gains and extending gains mid-week
To start the week wheat opened lower across the board and continued to trade on the defense throughout the night. Mpls and Chicago found strength
Corn started the week by opening the session lower and continued to trade lower throughout the night. Early selling was tied to tariff concerns as
To start the week soybeans gapped lower at the start of the overnight session and didn’t get back on the positive side until early in
Canola started the week by trading on both sides of unchanged overnight, saw the session high early in the day session only to fade and
Although the week is going to show heavy losses for the cattle markets, the actual trading direction saw cattle trading on the defense to start