Fresh News Rallys Corn, Wheat
Here's a look at the closing par prices for Friday August 15 when a light a nice late rally here for corn to the us what we market finish lower. December corn up three and a half cents at 377. November soybeans down four at 1052. And these September wheat futures up fourteen cents and let the way.could be seeing a rally here. Heading into next week. The like stock prices today the October -- futures up to 62 it to fifteen. October live cattle up a dollar ten 14845. And the October lean hog futures down 32. At 94. 92. But as your farm prices for Friday August 15. I'm Mike Maginnis for agriculture dot com.
Market Eyes Late Summer Rally?
Here's a look at the closing farm prices for Thursday August 14 nice rally staged today came late in the session we'll talk about here in just a moment why it. The new crop corn. Down or up brother three and three quarters cents at 373. New crop soybeans. November up nine and a quarter cents atsession we'll talk about here in just a moment why it. The new crop corn . Down or up brother three and three quarters cents at 373. New crop soybeans. November up nine and a quarter cents at 1056. And the September wheat futures up nine and a quarter cents at 537. Overall here are seeing corn is in a range bound pattern. And when
Farm Markets Close Mostly Lower
Here's a check of the closing prices for Wednesday August 13. We had a slightly higher court market Europe continued pressure for soybeans and December corn up three quarters of percent at 369. Meanwhile new crop November soybeans down twelve and three quarters cents at 1046. And the Septemberand -- December corn up three quarters of percent at 369. Meanwhile new crop November soybeans down twelve and three quarters cents at 1046. And the September wheat futures. Down a dime. At 528. -- tell me earlier
Depressed Prices Ups Farmers Hedging
Dave Lehman, CME Group Managing Director of Research and Product Development, discusses what farmers need to keep in mind about the futures market.of years ago we had. The drought here in the US throughout South America at the same time. That reduce supply and and led to higher prices but as you know. One of that saying to
Options, Volatility,and Time Decay
@ScottTheCowGuy continues his options lesson from the CME Group Floor. August 8, 2014function of time. As well as a function of supply and demand supply demand is actually it's happening right now for our faces but also both politically taken out over time. Well what we saw -- the first week when that strangle went from 61 and a half to eighteen and half through quake. Was we saw supply and demand of options those oversupply of options option prices dropped that was a good reflection of what's happening when we see a bunch of sellers of options whether they be because of
Options Update: Corn Strangle
Scott (@ScottTheCowGuy) explains how a strangle works; using both a put and a call at the same time.being murdered as we get through August here. There has been some hot dry weather issues that have kind of kept things imbalance that had but I still do think we could take the -- while being likely already have that -- market. Let's talk about that core market let's go back to that options won't -- class. And make it basically very simple but last week we talked about a strangle. We sold a downside put an out of a lot of doubts that put the 350 puts in December corn . And we sold them out of the money upside call before dollar calls. And the summer quarter we talked that that was
Rain Drains Grain Markets
Here's a check of the farm prices for Friday August 1 as we turn the calendar here on the new month we had a lot of pressure for soybeans and of course this is among the traders either soybean. Crop progress. Because the most critical for the the soybeans as far as pod filling and finishing in.is another signal. That weather is dropping everything here. Going forward. My stock prices today the August feeder futures. We're down 27 at 22040. October live cattle futures down one dollar 25. At 15607. And the October lean hog futures down 27. At 1029. Those -- -- prices for Friday August 1. I'm Mike -- for agriculture dot com.
Changing Weather Shifts Farm Markets
Here's a check of the closing farm prices for Tuesday August 5 we had a nice rally yesterday but we gave back all of those gains today now the December corn fell two cents today at 367. The big hit came in soybeans what November down thirteen and three quarters cents. At 1065. And three quartersright now and they'll release those estimates in that August 12 report. Buy stock prices today the October feeder cattle futures are down 52. Two in 1982. The October live cattle futures down 67. At 15555. And the October lean hog futures. Down 205. One on 157. Was your farm prices for this Tuesday August 5 I'm Mike Maginnis for agriculture dot com.
Weather Pounds Farm Markets
Here's a look at the closing par prices for this Monday July 21 we had a tough to start the week the corn contract for December down six and a half cents at 372. And reaches a three and a half year low for soybeans the new crop November down thirteen and three quarters cents at 1071. And Septemberweeks. But those those expectations are being treated right now. Livestock prices August feeder futures up a dollar 77. At 213 42. The August feeder cattle futures up a dollar twelve at 15545. And he obviously hog futures down. Heavily today two dollars and ten cents at 12497.
"Turnaround Tuesday" Fades
Here's a check of the close of farm prices for this Tuesday July 22 we had a turnaround Tuesday going for awhile is start the market today that faded. We finished lower on all commodities. The December corn finished down three and three quarters cents at 368. New crop November down thirteen andThe December corn finished down three and three quarters cents at 368. New crop November down thirteen and three quarters cents at 1057. And the September wheat futures down a nickel. Had fired 24. The -- turnaround Tuesday. Was in play this morning due to the USDA. Announcing a number of fresh sales for the soybean complex it actually ended up helping the August soybeans futures contract. The old crop but not the new crop November. Over 400000. Metric tons of US soybean meal and soybean cake was announced. Also 20000 metric tons of soy oil sales were announced this morning so again helping the nearby contracts. To start today. A low volume trade though