Cody and Kevin talk about what is behind the soybean rally and how much longer it might last. Kevin discussed the cash market reaction and Cody talks about some price targets that producers should be paying close attention to.
Grains are drifting lower as trade chatter looks for Argentine meal to hit U.S. shores
Grain prices are moving lower in Chicago, with corn down 4, soybeans off 10 and Chicago wheat down 4 cents. We are past first notice day for November 2014 soybean contracts, please begin trading the January contract to avoid any issues with delivery.
Grains are down slightly this morning while outside markets are very busy. Dollar sharply up while Crude and Gold off a percent or more.
Corn, soybeans, and wheat are continuing to drift lower in the overnight session. Coming into the morning trade break corn is down 2, wheat is off 5 cents, and soybeans are down 5 cents. Today is first notice day for November 14 futures, please roll all soybean positions to the January...