Twig Cast (this Week In Grain)

Good morning friends! Corn 338’6   +1’4 Soybeans  984’4    +’2 Chi Wheat   397’0  +3’0 KC Wheat  405’4    +2’6 Cotton  70.20   +1.41   December cotton futures took off this morning as we head into delivery. December cotton futures are now above 71 cents followed by March trading above 70.25.  The key uptrend line that has… Read more.

Good afternoon friends! Corn 337’2    -3’0 Soybeans  984’2   -1’6 Chi Wheat   394’0   -9’0 KC Wheat  402’6   -7’4 Cotton  68.90    +.46   Feed grain markets were on the run today as “high supply” doesn’t appear to be meshing well with “higher interest rates”.  That is probably a lazy correlation but one has… Read more.

Good morning friends! Corn 343’4  +2’6 Soybeans  1015’4   +17’2 Chi Wheat   410’6   +4’0 KC Wheat  413’4    +3’2 Cotton  69.02    +.73 Commodities are up across the board, trading with a post election euphoria that many we’re not expecting. The Hillary folks have to be shocked that stocks are trading at all time highs after… Read more.

Good afternoon friends! Corn 340’6  -13’4 Soybeans  991’0  -20’2 Chi Wheat   406’6 -8’4 KC Wheat   410’2  -7’2 Cotton  68.29   -.46 WASDE was released this afternoon amidst a rally in the commodity markets (have you seen copper?) and was taken as bearish by the trade in corn, beans and cotton.  Wheat did not have much new… Read more.

Good morning friends! Corn 351’2  -3’0 Soybeans  1007’6  -3’4 Chi Wheat   411’6  -3’4 KC Wheat   413’2   -4’2 Cotton  68.48     -.27     Grain markets were relatively quiet compared to the massive moves being seen in the bond and equity markets.  The markets knew the result of this thing at 8 pm central last… Read more.