Bearish acreage report sends corn futures spiraling lower
Jul-23 closed last week at $5.54 per bushel. Dec-23 futures dropped by nearly 34 cents Friday alone, closing at $4.95 per bushel. Friday’s Acreage [...]
Soybean market digests acreage report
After high hopes that the market would finally realize how much “additional” soybean acres would be planted for 2021/22, participants were left speechless when [...]
Soybean oil prices crash to finish the week
After reaching new highs at 57.47 cents per pound last Wednesday, trading the daily limit up, soybean oil crashed and ended the week on [...]
Corn acreage shocks the market
In what can only be described as a historical market shocker, the nation’s farmers last week indicated planted corn acres at merely 92 million, [...]