World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy futures prices were slightly firmer overnight across the board. Chicago and KC wheat were up 4-5 cents at one point with corn and soybeans 2-3 cents higher. This firmness carried over to the day session with all prices entirely green until late selling by index funds dropped wheat prices a few cents, which was enough to close deferred KC months down a quarter- to a half-cent. Soybeans were up as much as 7 cents before closing 5-5.5 cents higher. Corn futures prices were stuck in a 3-cent trading range, although they were all higher than Tuesday’s closes and finished the day with gains of 1.25-2 cents. Today’s upward price movement was certainly far from spectacular, but it continued the slow upward pattern that has...

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Summary of Futures

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