Grain Market

12 Mar

Corn Skyrockets;Soybeans Lower

in Blog, commodity broker, commodity trading, corn futures, futures broker, Grain Market, oat futures, rough rice futures, soybean futures, wheat futures

 Grain Futures-A mixed day in the grain market today with corn surging $.15 cents in the May contract to finish at 6.58 a bushel while May wheat also rallied today finishing at 6.51 a bushel with soybean futures for the May contract finishing down three cents at 13.34 a bushel.

10 Jan

Grain Market Rallies Ahead of USDA Crop Report

in Blog, corn futures, Grain Market, soybean futures

Grain Market—March soybean futures posted sharp gains along with the rest of the grain market before tomorrow’s big crop report. Rumors were circulating today that the USDA is going to cut production in Brazil and cut carryover of supply for the upcoming crop year. March soybean futures were up 36 cents a bushel to close around 12.32 a bushel testing recent highs. March corn futures were also 10 cents to close around 6.54 a bushel. Wheat futures for March were up 16 cents a bushel at 6.40 a bushel on anticipation of crop production cuts in tomorrow’s report at 7:30 am central time.

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