- It’s been such a long time since grain and oilseed markets have made limit moves higher or lower that a review of those limits might be warranted. Remember that they are now variable and can be changed by the CME (depending on market volatility and recent price ranges). Following are the current daily limits:
Corn: 25 cents (50-cent daily range) Soybeans: 65 cents ($1.30 daily range) Chicago wheat: 35 cents (70-cent daily range) KC wheat 35 cents: (70 cent daily range) Minneapolis wheat: 65 cents ($1.30 daily range)
This isn’t to suggest that we’re headed toward limit moves in futures markets, but the severe delays in planting corn and soybeans are setting the stage for that possibility at some point. - Market...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...