WASDE Report Goes Easy on Corn
Here's a check of the closing prices for Tuesday August 12 we had the December corn contract actually finish up today three quarters of percent. At 369. We'll talk about why you're just a moment. The November soybeans down thirteen and three quarters cents at 1059. And September wheat down ten anddays of that numbers smaller -- friendly to the market. Soybeans the average yield 45 point four bushels per acre. Is what the USDA released today the trade had expected 45 point six. So no real
Markets Start Week Mixed
Here's a look at the closing par prices from Monday August 18 quite the mixed trading day today the court finished lower after starting higher. Soybeans finished higher after starting lower so. It was an interest in watching both the morning session in the afternoon. How we close the December cornafternoon. How we close the December corn down a nickel at 371. New crop November soybeans up a nickel at 1057. While the case the December wheat contract finished down almost dime. At 554. Midwest weather looks favorable for crop development then of course most farmers might tell you
CME Group and 4-H's Risk Ranch
At the CME Group and 4-H Commodity Carnival, future producers can experience real life agricultural risks and how to make strategic decisions. In addition, the Risk Ranch app let's users experience a digital version to bring their steer to market.branch out really came out of the success we had with the market commodity carnival. Physical activity last year. We traveled to about a 120. Staying -- -- in eleven states similar to this year and least about 50004.
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.