grains

December corn futures closed up 2 3/4 cents at $6.50 3/4 yesterday. Prices closed nearer the session low yesterday. Tepid short covering was seen yesterday, following recent selling pressure. Near-term technical damage has been inflicted in corn recently as a steep four-week-old downtrend is still...

GRAINS: December corn futures closed down 22 1/2 cents at $7.23 today. Prices closed nearer the session low today, hit a fresh three-week low and scored a bearish "outside day" down on the daily bar chart. There are early anecdotal reports coming in from the southern U.S. corn belt that corn yields...

GRAINS: December corn futures closed up 3 cents at $7.70 today. Prices closed nearer the session low but did hit another fresh contract high of $7.79 today. The bulls are still very powerful, but I suspect they may be getting a bit tired at higher price levels and prices may consolidate in the near...

The September contract for Wheat rose 5.25 cents to $5.8225/bushel, while September corn was up 3.25 cents to $3.7725/bushel and oats for September delivery were flat at $2.56/bushel. November soybeans dropped 3 cents to $9.70/bushel. August live cattle edged up 0.38 cent to 93.5 cents/pound;...

Investors may want to avoid the grains market for now as several factors have created harvest abundance. The perfect combination of warm spring weather and good rains has shaped near ideal growing conditions for farmers. After a year of devastating global shortages, many nations seriously upped...