Marketeye

Grain prices and commodity market reports from the Chicago Board of Trade. Follow timely reports by Agriculture.com editor Mike McGinnis at the floor of the CBOT. Find news on grain and livestock prices, and read reaction from floor traders and markets analysts.

Floor Talk June 19

At the close: The the July futures corn contract closed 9 cents higher at $6.82. New-crop Dec. corn futures setttled 20 cents higher at $5.70. The July soybean futures contract ended 12 cents higher at $15.23, new-crop Nov. soybeans closed 21 ...

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Re: Floor Talk June 18

Jim, This might be an example of a longerterm tracker for hedgers. This looks out to the month of September. Ukraine's government is still considering a grain export ban. In his own words, my Ukrainian contact shares this information on ...

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Floor Talk June 18

At the close: The July futures corn contract settled 5 cents higher at $6.73. New-crop Dec. corn futures settled 12 cents higher at $5.50. The July soybean futures contract finished 2 cents lower at $15.10, new-crop Nov. soybeans ended 4 cents ...

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Re: Floor Talk June 17

Jeff Coleman, The Trean Group analyst and CME Group floor trader, describes the market this way: "After better-than-expected export inspections today, July corn futures rallied 13.5 cents to close at $668.5 per bushel. The export number of ...

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Re: Floor Talk June 17

aaron-neill, Interesting. What about soybeans? I'm told it hasn't paid to store soybeans, in the past. But, is that changing at all? And why would it change: better basis, tight supplies, more buyers.....? Mike

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Re: Floor Talk June 17

As far as not as much forward-contracted, it may be this idea that farmers have been told for awhile now that fall prices would be low. As a result, farmers may be planning to use more on-farm storage this year. Who keeps track of ...

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