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Corn Soybeans and Wheat all Up after Overnight Session
The most recent Seasonal Drought Outlook maps have been updated by the Climate Prediction Center and show that drought is expected to persist throughout North Dakota, South Dakota and Montana.
[Read More]Strong Export Sales Numbers for Soybeans
This weeks export sales were very strong for soybeans and less impressive for corn and wheat.
[Read More]Yesterday’s Trade Action in November Soybeans was Positive
Yesterday’s trade action in November soybeans was positive after rebounding 8 ¼ cents off its low of 9.58 ½. Prices are now above Tuesday’s opening price and seems look like it wants to retest the most recent September 14th high of 9.78 ¼.
[Read More]Overnight Session Shows Dec Corn Up and Soybeans Down
In the overnight session the grains were mixed with December corn up 1 cent, November soybeans down ¼ cent and December Chicago Wheat up 2 ¼ cents.
[Read More]Friday’s NOPA Crush Numbers Better Than Expected
Friday saw NOPA soy crush estimates better than expected with 142.42 MB of soybeans crushed in August.
[Read More]Weekly Cash Comments
Grain basis was mixed throughout the country as the convergence of old-crop/new-crop marketing seasons begins to cause some shifting patterns in basis. On the week, US average corn basis was fractionally higher while soybeans lost 3 cents a bushel.
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