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Corn Futures––Corn futures in the July contract are trading higher for the 7th consecutive session finishing up 5 cents at 3.94 a bushel and traded as high as 3.99 earlier in the trading session as prices are right near a fresh yearly high. Prices gapped up on the open due to the very bullish crop progress planting report which showed…
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S&P 500 Futures—The S&P 500 in the June contract is trading lower for the 2nd consecutive session down 17 points at 2841 on concerns about an intensifying fallout from a U.S. crackdown on Huawei weighing on market sentiment. At the present time I do not have a recommendation in any of the U.S equity markets as I am advising clients…
Soybean Meal Futures—Soybean meal futures in the July contract is trading higher by 270 points at 297.00 as heavy rains have entered the Midwestern part of the United States once again sending the entire grain market higher this Monday afternoon in Chicago. I have been recommending 2 bearish trades with an average price around 299 & if you took those…
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