December Corn Drifts Back to $4 Overnight
Looking at weather shows heat across the central and southern Midwest through the weekend.
Grains were lower overnight with Dec corn drifting back to $4 in overnight trade.
Export Demand Stimulates Grain Future
Export Sales for the Week were All on the High Side of Expectations
Corn and Beans Modestly Higher in the Overnight Session
Corn and beans were modestly higher overnight with wheat trying pare losses going into the morning break.
10 Day Outlook Shows High Temps for US Central Plains
US Dollar Index Hovered around 10 Month Lows
Corn and beans posted modest gains overnight, while wheat drifted fractionally lower.
Market Shrugs Off Declining Crop Conditions
NOPA Crush Numbers were Disappointing for month of June
Grains Posted Double-Digit Gains in the Overnight
Grains posted double-digit gains in the overnight thanks to renewed fears about the crop conditions.
Grains Shrugged off Steep Losses on Sunday
NOPA Soybean Crush Numbers out later this morning
Weekly Cash Comments
Weekly Cash Commentary for week ending 07/14/2017
Grain basis was mostly steady this week in spite of wide swings in the underlying futures market. On the week, US average corn and soybean basis were unchanged.
Latest Weather Models Still Show Significant Heat in the Central Plains
Grains trying to recover some of Thursday's sharp sell-off
Private forecaster Planalytics came out with their latest yield estimates, pegging US corn at 165.3.
Weekly Export Sales Numbers Are In
Grains Had More Losses in the Overnight Session
Grains had more losses overnight with soybeans leading the complex lower on a 20-cent slide.
