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 morning. 

 

Export sales were strong this morning with soybeans and wheat beating analyst expectations. Old crop corn sales booked 364,900 metric tons which was within the analyst expectations and up...

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