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“Despite posting double-digit gains at the close, wheat futures finished well off their session highs as prices followed crude oil lower after fading from earlier strength, even with the ongoing Strait of Hormuz disruption. Additional support came from weather concerns, as weekend rains missed key U.S. wheat-growing areas, leaving the southwestern Plains too dry,” Heinberg said.
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The Hightower Report said, “Beans ended the week with a strong close following a surprise 100,000 ton flash sale of U.S. meal this morning sol…
“Soybean futures are trading slightly higher this morning as the market remains within its recent consolidation pattern,” Total Farm Marketing…
“Prices were moderately higher across the complex with beans up $.09-$.11, meal was $2-$5 higher while oil was up over $.01 lb. Spreads were m…
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