Page 34 - Scott Shellady News Today

Grains kick the week off with a good rally across the board with weather being a major factor

Once electronic trading took over, big local traders trimmed back their trade size. By 6/2/2021 It’s been six years since CME Group shifted from trading agricultural commodities mostly on the floor of the exchange to its electronic trading platform (Globex). In July 2015, the exchange closed its agricultural futures trading pits, leaving open only its options trading pits. This May, CME Group officially closed all its open-outcry trading pits, ending a tradition that sta...

The Biden administration suspended oil and gas drilling leases within Alaska’s Arctic National Wildlife Refuge pending the outcome of an environmental impact review, officials said on Tuesday.

Whom do we hold responsible for the over 3 million deaths due to Covid-19?

Corn limits up as hotter and dryer weather, along with some buying from China spur another rally

Volatility continues to be factor in the cattle market, as traders witness more pullback despite lower feed prices.

Corn slipped over 5% yesterday, as prices continue to ease

Marketline Report for Wednesday, May 19th Wednesday May 19th, 2021 This is Bob Larson with the Market Line Report for Wednesday, May 19th. Corn planting reaches near record levels, but still off slightly. From the floor of the CME in Chicago, here’s Scott Shellady. SHELLADY … “First of all, let’s get the planting numbers out of the way. Corn planting are 80% complete. I mean, we were looking for around 84%, but still that’s close to a record pace. I think emergence may be a...

Volatile Corn Market This is Matt Rice with today’s Market Line Report for Wednesday. Volatility continues in the corn market as prices fluxuate while we wait to hear the WASDA Report coming out later today. Let’s go to Scott Shellady with the CME Group to hear more. Chicago Soft Red Winter Wheat prices for July closed the day up 11 ¼, to finish at 741 ¾. July Corn was up 10 ½, to close at 722 ¼. Kansas City Hard Red Winter Wheat prices for July were up 7, to settle at 710 �...

By Scott Shellady Just last week I was invited to speak in front of a group of people. It was the first time I had that kind of opportunity since March of last year. It was in a meeting room of a larger restaurant. We had permission for 50 people. About 30 showed up as it was a cold and rainy morning in Northwest Indiana — a typical lovely spring day. I didn’t know what to expect except it was to be in front of a group of like-minded conservatives to discuss the various to...