Ad Astra Brands

Corn, wheat see oversold bounces

Soybeans were mixed, mostly modestly higher. Beans consolidated after the recent run to multi-month lows sparked by long liquidation and slow export demand. Soybeans essentially followed the lead of bean meal, which was mostly modestly higher on bull spreading, while bean oil was... Read More.

Hog futures higher on oversold signals

At the Chicago Mercantile Exchange, live and feeder cattle were lower watching direct business.  October live cattle closed $.95 lower at $178.32 and December live cattle closed $1.05 lower at $182.52.  September feeder cattle closed $1.87 lower at $247.12 and October feeder cattle... Read More.

Wheat up on oversold signals, lower dollar

Soybeans were lower on fund and technical selling. Conditions in Brazil mostly look good and a recent drier weather pattern has helped push harvest past 50%. Conversely. Argentina’s crop remains in very poor shape, with the potential for further production projection reductions in... Read More.

Hog futures up on oversold signals

Chicago Mercantile Exchange live and feeder cattle futures were higher ahead of the week’s widespread direct cash cattle business. The higher midday move for beef was a positive and feeders picked up additional support from the lower move in corn. February live was... Read More.

Soybeans, corn see slight oversold bounce

Soybeans were modestly higher on commercial and technical buying. It was an up and down day, with support from oversold signals and bean meal, against pressure from soybean and crude oils. Bean meal was up and bean oil was down on product spread... Read More.