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Wheat Rally Holds Up on Monday on US/China Trade Numbers
The wheat market was sharply higher across all three exchanges on Monday, following a White House fact sheet release over the weekend. Chicago SRW futures were 17 ¾ to 28 ¾ cents higher across the board. KC HRW futures were 13 to 16 ¼ cents in the green at the...
Cotton Rallies into the Monday Close
Cotton futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil was up $1.83 at $107.25 on the day. NASS Crop Progress data showed 41% of the US cotton crop planted as of May...
Corn Rallies to Start the Week on US/China Trade Details
Corn futures were in rally mode on Monday, as contracts closed 14 ½ to 21 ¼ cents higher across most 26/27 contracts. The CmdtyView national average Cash Corn price was back up 21 1/4 cents to $4.37 1/2. NASS Crop Progress data showed the US corn crop at 76% planted...
Soybean Rallies Back on Monday After Chinese Details
Soybeans were up 19 ¾ to 36 cents across most contracts on Monday, as bulls took some of last week’s losses with a few more US/Chinese details known. The cmdtyView national average Cash Bean price was up 36 1/4 cents at $11.49. Soymeal futures were $2.10 to $5.20 higher, with...