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Afternoon Market Recap for May 5, 2021 - Vimarsana News

Afternoon Market Recap for May 5, 2021

Corn, soybeans and wheat all see positive forward momentum Wednesday Grain prices stumbled on Monday but rebounded on Tuesday. Today, they continued to move higher on another round of technical buying inspired by tightening domestic and global stocks. Wheat prices saw the most upside, with some contracts climbing more than 2.5% higher by the close. Corn prices also rose more than 1% today. Soybeans stayed in the green, but gains were more muted after another consultancy predicted a 5-billion-bushel crop in Brazil this season. Some additional moisture could land on the central U.S. to wrap up ...

Afternoon Market Recap for May 3, 2021 - Vimarsana News

Afternoon Market Recap for May 3, 2021

Soybeans and wheat hit the hardest in Monday’s session Grain prices were mixed but mostly lower to start the week after some technical selling and profit-taking. Wheat contracts showed the most downside today, with some contracts losing nearly 2% by the close. Soybeans saw more moderate losses, fading about 0.7% lower today. Corn prices showed a little more nuance, with May contracts falling more than 0.75% while July and September contracts trending higher. While the Southeast will see plenty more rainfall over the next several days, most of the Midwest and Plains won’t see much more tha...

Afternoon Market Recap for April 27, 2021 - Vimarsana News

Afternoon Market Recap for April 27, 2021

Soybeans slump in Tuesday’s session, with wheat seeing mixed results Red-hot grain prices cooled on Tuesday – with a couple of exceptions – on some profit-taking after rising substantially higher in recent sessions. Nearby corn contracts continued to boost higher, closing a hair below $7 per bushel, although July contracts were down slightly. Wheat prices were moderately mixed amid some uneven technical maneuvering. Soybeans showed the most downside, losing double digits and closing more than 1.25% lower today. A band of rains stretching from Texas through southern Indiana could throw a...

Afternoon Market Recap for April 26, 2021 - Vimarsana News

Afternoon Market Recap for April 26, 2021

Soybeans soar more than 2% Monday, with some wheat contracts clearing 4% today Grain prices soared again on Monday after tight domestic supplies, weather worries in Brazil and a late start to plantings in the U.S. triggered another big round of technical buying today. Corn finished the session limit up, with all futures carving out new life-of-contract highs. Soybeans trended 2% higher, meantime, while wheat contracts closed with gains ranging between 3% and 4%. Plenty of rain is expected to roll through the eastern Corn Belt later this week, with significant parts of Missouri, Illinois and I...

Afternoon Market Recap for April 23, 2021 - Vimarsana News

Afternoon Market Recap for April 23, 2021

Soybeans and wheat also trend higher on Friday Some profit-taking overnight and early in Friday’s session kept corn and soybean prices on their heels for a while, but a late-session rally helped push them back into the green by the close. Nearby corn contracts rose another 1%, while soybean prices finished with more modest gains. Wheat prices also continued to improve today. Spring wheat contracts led the way with gains of 1.8%, while winter wheat contracts saw smaller improvements. Most of the Midwest and Plains will see at least some measurable moisture this weekend into early next week, ...