Grains were higher overnight
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,
Can Corn Break Through the Overhead Resistance?
The wheat market took a dive following reports of Turkey shooting down a Russian plane.
Grains were Modestly Lower in the Overnight
Wheat had the biggest losses in the overnight
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.
Key Reversal for Soybeans
Kevin looks at what could be a very significant change in the bean market.
Grains Start the Week on a Down Note
In wheat news, France is set to export wheat to Indonesia for the first time since the 2008/09 marketing season
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.
Weekly Cash Comments
Cash Commentary for week ending 11/20/2015
Grain basis was mixed this week as soybean basis took a break from its steep incline since harvest to finish the week unchanged, while corn basis continued to press higher advancing 2 cents a bushel.
Grains Mostly Lower in the Overnight with Soybeans Leading the Losses
USDA Reports that Corn, Soybeans and Wheat posting better than expected export sales for the week.
Grains were mostly lower overnight with soybeans leading the losses to the downside. In outside markets, S&P futures were higher while crude oil was under pressure.
Thursday brought a round of unexpectedly good news for grain with USDA reporting that corn, soybeans and wheat posting...[Read More]
Wheat Leads the Grains Higher
Grains Were Mixed in the Overnight
In wheat, prices have been battered down in the past 4 trade sessions on improved weather in key wheat growing regions around the globe.
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.
Ethanol Production Down This Week[Read More]
Ample Supplies Continue to Weigh Down Grains
Grains were modestly higher overnight with soybeans trying to lead a feeble recovery on a 2 cent advance. In outside markets, S&P futures and crude oil put up slight advances in the night session.[Read More]
Wheat Drops for Third Straight Day
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...[Read More]
NOPA Crush Shows Beans Lagging Behind[Read More]
Losses in Sunday’s Overnight Session
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.[Read More]
No Support from Export Market[Read More]
Weekly Cash Comments
Grain basis continued to push higher this week although gains were more limited than last week. US average soybean basis added 3-cents a bushel while corn posted a 2-cent advance on the week.[Read More]
Outside Markets Continue to Move Lower
Grains were mixed with little movement overnight as wheat finished the overnight session fractionally higher while soybeans gave up 3 cents and corn was unchanged. Outside markets continued to move lower with the S&P futures and crude oil futures lower.[Read More]
Corn Basis Leaders[Read More]
Corn and Soybean Prices Drift Lower in the Overnight
Corn and soybean prices drifted lower in overnight trade, while wheat posted modest gains. In outside markets, S&P futures and crude oil continued to extend their recent losses.[Read More]