September 07, 2017 | Grain Hedge Insights | Kevin McNew | Views: 505
September 06, 2017 | Grain Hedge Insights | Kevin McNew | Views: 674

Hurricane Harvey Impact

Crop Conditions Reported Yesterday

Crop conditions were reported within analyst expectations after the market closed yesterday. Corn declined by a percentage point to 61 percent good to excellent compared to expectations of holding steady.

August 30, 2017 | Grain Hedge Insights | Kevin McNew | Views: 558

Grains Mostly Unchanged in the Overnight Session

Exporters sell 131,000 MT of Soybeans for delivery to china during the 2017/2018 marketing year. USDA

The grains have come under pressure following the Pro Farmer crop tour as traders became less concerned that the USDA would revise production lower.

August 28, 2017 | Grain Hedge Insights | Kevin McNew | Views: 512

Crop Tour Results Released

Crop Progress Report Out Later Today

The Pro Farmer crop tour announced their official crop estimates on Friday after walking fields across Ohio, Indiana, Illinois, Minnesota, Iowa, Nebraska and South Dakota.

August 25, 2017 | Grain Hedge Insights | Kevin McNew | Views: 603
August 24, 2017 | Grain Hedge Insights | Kevin McNew | Views: 529
August 23, 2017 | Grain Hedge Insights | Kevin McNew | Views: 407

Day Two Crop Tour Results Are In

Grains Trade Slightly Higher in the Overnight

This morning December corn is up a 2 ¼ cents, November soybeans have gained 8 ½ cents and December Chicago Wheat is up 3 cents.

August 22, 2017 | Grain Hedge Insights | Kevin McNew | Views: 600

Crop Tour Scouts Release First Day Results

Grains were Mixed in the Overnight Session

In the overnight session the grains were mixed with December corn down ¼ penny, November soybeans up 1 ¼ cents and December Wheat down ½ cent.

August 21, 2017 | Grain Hedge Insights | Kevin McNew | Views: 439

USDA Flash Soybean Sales this Morning

Grains trade lower in the Overnight Session

The Pro Farmer crop tour will kick off today and will scout around 2,000 fields between the 21st-24th.

August 18, 2017 | Grain Hedge Insights | Kevin McNew | Views: 443

Weekly Cash Comments

Weekly Cash Commentary for week ending 08/18/2017

Grain basis moved higher this week and sliding grain futures continued to pressure farmer movement. On the week, corn basis was up 2 cents a bushel while spot soy basis managed a 3-cent advance.

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