Wheat Moves Higher On Talk of Russia
Wheat prices continue to climb as the market monitors the effect of certain restrictions that have been imposed by the VPSS.
In the overnight session corn, soybean and wheat are all trading higher. Corn improved 3 ¼ cents, soybeans is up 3 ½ cents and wheat is trading 13 ½ cents higher this morning. The wheat market is continuing focus on the developments in Russia as yesterday’s announcement that the Veterinary...[Read More]
Soybean Slide as Demand Numbers Fail to Impress
Cody discusses the movement in corn, soybeans and wheat and what caused the decline in soybean prices. Cody discusses the situation in Russian and how that is impacting the U.S. Wheat market.
Russia Aims to Lift Grain Prices
Russia is looking to purchase grain for domestic stocks to help lift prices.
Corn and soybeans are trading lower this morning with corn down 2 ¾ cents, soybeans down 9 ¾ cents and wheat trading 6 ¾ cents higher. Wheat continues its move higher as Russian policy aims at curbing exports.
NOPA Crush Numbers Disappoint
The NOPA crush numbers were released at 11 CST and came in below the average guess. Tune into GrainTV to see what else was moving the market.
Grains start the week in mostly positive territory
Wheat was fractionally lower in the overnight
Grains started the week in mostly positive territory with soybeans advancing 5 cents while corn was up 3. Wheat was fractionally lower in the night trade.
Corn was bolstered in the night session after Friday’s announcement by Syngenta that it was close to approval by China for its MIR...[Read More]
Grains Trade Higher to Close the Week
Wheat looks as though it will trade higher as the agricultural minister of Russia restrains exports. Tune in to hear Cody discuss FSA numbers as well as corn and soybean basis across the U.S.
Geo Grain Commentary
Weekly Cash Commentary
Higher futures prices and aggressive farmer selling helped keep soybean basis unchanged for the week, while US average corn basis rose 2 cents a bushel.
For soybeans, river terminals were hard hit this week slipping 5-cents a bushel as weakness at the Gulf combined with an uptick in...[Read More]
Grains extended their gains in the overnight session
Wheat, Corn and Soybeans were up at the end of the night trade
Grains extended their gains in the overnight session with front-month March wheat futures climbing above $6 a bushel but hitting resistance at $6.10. Corn and soybeans were also up posting 5 cent advances at the end of the night trade.