Grains Higher on Strong Export Sales

July 30, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains traded higher with corn up 3 3/4 cents, soybeans up 10 1/4 cents and wheat up 5 1/2 cents this morning. The U.S. dollar is up nearly 1/2 a percent and crude oil is 29 cents higher. A reportable sale of 140,000 metric tons of old crop soybeans was announced this...

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Keep an Eye Out for Basis Opportunities

July 29, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains traded slightly lower with corn down 5 1/4 cents, soybean down 3/4 of a cent and wheat trading down 5 cents this morning as nearly ideal Midwest weather continues to be the focus. December corn is now only 18 cents off the lows it printed on June 15th and 16th. The U.S. dollar is trading a fraction of a percent higher and crude oil is down 43 cents. Asian markets traded higher on Wednesday with Shanghai closing up 3.44 percent.

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