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Corn

MonthOpenHighLowLastChangeTime
Sep 2016334-4336-6326-6335-0s+0-607/22/16
Dec 2016340-6343-2333-2341-6s+1-007/22/16
Mar 2017350-6352-4342-6351-4s+1-207/22/16
May 2017356-2358-6349-0357-0s+1-007/22/16
Jul 2017361-2364-0354-4362-4s+1-607/22/16

Soybeans

MonthOpenHighLowLastChangeTime
Aug 20161034-21037-0985-01006-4s-26-007/22/16
Sep 20161027-21029-6978-0998-6s-26-607/22/16
Nov 20161014-61016-4966-2988-2s-24-207/22/16
Jan 20171014-01016-2967-0989-2s-23-407/22/16
Mar 20171005-61007-6960-6982-2s-22-207/22/16

Wheat

MonthOpenHighLowLastChangeTime
Sep 2016417-2427-0407-0425-2s+7-407/22/16
Dec 2016440-6451-4431-6450-2s+9-007/22/16
Mar 2017464-0475-6455-4475-2s+10-607/22/16
May 2017477-0487-6468-4487-2s+10-207/22/16
Jul 2017489-0495-4477-0494-6s+9-407/22/16
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Market Commentary
Market Commentary
The temps are supposed to recede this weekend and we’ll see more favorable temps by Sunday, or so they say. That being said, beans tanked again today, down 24 cents on news that rains were being added to the forecast and like I said, temps are set to be cooling off a bit. We’re already moving into the last week of July and so with rains being added to the forecast, this tells the market that there isn’t a threat to beans in the field. August is the make it or break it month for beans as they will be setting pods and filling out at that time. Stay tuned, but in a personal opinion but I think we’re set up for this market to continue lower.
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