Today we discuss a futures market which continues to grind lower and a cash market which has seen increased volatility as harvest looms. If you haven't taken a look at our mobile trading app, now is the time! Visit us at GrainHedge.com and get live quotes.
Corn and wheat futures both traded higher in Chicago today, something we have not seen in quite some time. Today we discuss ethanol production, export sales projections, and tenders in the wheat market.
Today we discuss a very quiet trade day in Chicago and where the bottom could be for corn and soybeans. Weather next week could provide some slow down to corn and soybean harvest as wide spread precipitation is expected.
Corn and soybeans showed stronger export sales than expected, while wheat missed expectations
U.S. grain futures slipped lower over night with corn trading down 2 cents, soybeans off 2 cents, and Chicago wheat down 5 cents.This morning’s export sales report showed strong sales for U.S. corn and soybeans while wheat missed expectations. Soybean sales were reported at 1.466 mill...
Today's Federal Reserve meeting pushed the dollar another leg higher as the fed announced plans to raise interest rates more aggressively in 2015 and 2016 than projected in June. We discuss currencies, ethanol production, and export sales on today's show.