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