Monday's export inspections were above trade estimates
Grains were higher overnight with soybeans leading the advance, reaching its highest point since early November. In outside markets, the US dollar eased slightly while S&P futures advanced following Monday’s losses. Crude oil was narrowly traded.
US Dollar Index Continues to Rise to a Contract High
Grains showed limited activity overnight as markets held mostly fractional gains coming out of the overnight session. In outside markets, the US dollar index continued to rise to a contract high on the Dec futures, while S&P futures and crude oil were modestly higher.
In outside markets, crude oil gave up most of its gains from Tuesday
Grains were modestly higher overnight trying to rebound from Tuesday losses. In outside markets, crude oil gave up most of its gains from Tuesday to move lower in Wednesday, while S&P futures were up in overnight trade,
Grains were modestly lower overnight following Monday’s strong turnaround in prices. S&P futures were lower while crude oil was higher after Turkey shot down a Russian warplane overnight, increasing global tensions.
Grains started the week on a down note, with soybeans leading the sell-off to the downside while wheat and corn were slightly lower in quiet trade. In outside markets, S&P futures and crude oil were off slightly from Friday’s close.
Grains were mixed overnight with soybeans drifting lower while wheat and corn tried to hold on to modest gains. In outside markets, S&P futures were trying to take another run at the 2,100 mark while crude oil was trading lower.
Corn and soybeans posted small gains in the overnight session while wheat continued to dip for a third consecutive day. In outside markets, S&P futures extended Monday’s gains while crude oil was lower.
Corn found some support on Monday as a large export deal was announced by USDA that...
Grains started the week drifting lower, with all three grain markets posting losses in Sunday’s overnight session. In outside markets, S&P futures were higher while crude oil found positive gains as well.