August 28, 2015 | Grain Hedge Insights | Cody Bills | Views: 89
August 28, 2015 | Grain Hedge Insights | Cody Bills | Views: 117

Weekly Cash Comments

Cash Commentary for week ending August 28, 2015

Grain basis was mixed again this week with corn basis gaining 1.5 cents a bushel, while soybean basis gave up 4 cents on average across the U.S.

August 28, 2015 | Grain Hedge Insights | Cody Bills | Views: 96

Grains pressured by positive weather outlook

The grains continue to be pressured by a positive weather outlook, higher global production and economic concerns out of China.

In the overnight session, the grains inched higher with corn up 1 1/4 cents soybeans up 5 cents and wheat up 1 cent. The U.S. dollar is trading mostly unchanged and crude oil is down 46 cents. The EU cut its corn production forecast this month to 58.7 million metric tons from 65.5 million...

[Read More]
August 27, 2015 | Grain Hedge Insights | Cody Bills | Views: 150
August 27, 2015 | Grain Hedge Insights | Cody Bills | Views: 102

Can Soybeans Rebound Higher?

Export sales, a rebound in the Chinese stock market and positive U.S. news helped lift soybeans early Thursday morning.

In the overnight session the grains are trading higher with soybeans leading the charge up 14 1/2 cents, corn up 1 1/2 cents and wheat up 3/4 of a penny. The U.S. dollar index is trading 1/2 a percent higher and crude oil is up $1.33. This morning exporters sold 130,000 metric tons of new...

[Read More]
August 26, 2015 | Grain Hedge Insights | Cody Bills | Views: 152
August 26, 2015 | Grain Hedge Insights | Cody Bills | Views: 132

Global Markets Try to Rebound

Global markets will be a major influence on the grains as markets try to rebound after hard selling early on this week.

In the overnight session the grains traded lower with corn up 1 cent, soybeans unchanged and wheat up 1 1/4 cents this morning. The U.S. dollar is trading up .38 percent and crude oil is 34 cents higher this morning. This morning the U.S. stock market is expected to open higher after a rally...

[Read More]
August 25, 2015 | Grain Hedge Insights | Cody Bills | Views: 186
August 25, 2015 | Grain Hedge Insights | Cody Bills | Views: 166

China Lowers Rates to Support Sliding Markets

China made a move to lower interest rates in an attempt to turn around a sliding market.

In the overnight session the grains are trading higher with corn up 5 cents, soybeans up 14 1/4 cents and wheat up 6 1/4 cents. The U.S. dollar is trading .76 percent higher and crude oil is up $1.17. After experiencing another sharp day of selling, China announced they were cutting interest...

[Read More]
August 24, 2015 | Grain Hedge Insights | Cody Bills | Views: 216

Page 1 of 62 pages  1 2 3 >  Last ›

More Articles

Macro Selling Pressures Corn Lower

August 24, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session, the grains are trading sharply lower with corn down 10 cents, soybeans down 31 1/4 cents and wheat down 8 1/2 cents today. The U.S. dollar index is trading down 1.26 percent and crude oil is trading down $1.57 at $38.875 per barrel. This morning a global sell-off...

[Read More]

Weekly Cash Comments

August 21, 2015 | Grain Hedge Insights | Cody Bills

Divergence was the game this week, as corn and soybean prices continued to move in opposing directions. Corn managed a 7 cent advance in futures while cash basis levels were firmer by 1 cent a bushel, but beans couldn’t shake their negative fundamentals giving up 9 cents on the board and 4...

[Read More]

Grains Modestly Higher in Night Trade

August 19, 2015 | Grain Hedge Insights | Cody Bills

Grains were modestly higher in night trade with corn and beans posting slightly better than a 1-cent advance, while wheat in Chicago and Kansas City was unchanged.

 

In soybeans, new-crop month November futures fell below the pivotal $9 mark in the night session reaching a low of $8.98,...

[Read More]

Can Pro Farmer Findings Lift Corn?

August 18, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains were mixed with corn unchanged, soybeans down 7 cents and wheat down ¾ of a cent. The U.S. dollar is trading .1% higher this morning and crude oil has slid 8 cents.The Pro Farmer results from day 1 showed strong South Dakota production with an estimated...

[Read More]

Traders Eye NOPA Crush

August 17, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains moved higher with corn up 2 ¾ cents, soybeans up 2 ½ cents and wheat up 1 ¼ cents this morning. The U.S. dollar is relatively quiet but the Russian Rouble touched a 6 month low against the dollar today and crude oil is down 65 cents this morning. This...

[Read More]