CBOT November 2019 soybeans (candlesticks) and December 2019 corn (line). (Barchart)

CBOT weekly outlook: Market bearish ahead of WASDE

MarketsFarm — Prices for commodities on the Chicago Board of Trade have been “under pressure and on the defensive” due to the lingering trade war between the U.S. and China, improved weather, and an unclear picture of planted acres. “Less threatening U.S. weather, coupled with the lack of China buying U.S. agriculture products, have definitely



CBOT November 2019 soybeans (candlestick) and December 2019 corn (line). (Barchart)

U.S. grains: Corn futures rally on weather concerns

Chicago | Reuters — Volatility roiled the commodity grain futures markets on Monday, as uncertainty in the U.S. weather forecast supported corn and the growing tensions in the U.S.-China trade war weighed on soybeans. Wheat futures ended the day up on technical buying, traders said. China’s commerce ministry said that Chinese companies have stopped buying






Photo: Thinkstock

Chicago Board of Trade waiting on (any) news

MarketsFarm – Grain markets on the Chicago Board of Trade are “falling of its own weight” due to removed technical levels and a lack of substantive news to influence markets. “There’s just no news to generate any upside swing,” said Steve Georgy, President of Allendale Inc. in McHenry, Illinois. “Some technical levels were removed, and