In the crop progress report released after the close of yesterday’s trade session corn, soybeans and spring wheat plantings
Crop progress showed strong planting progress for the grains this week and improved wheat conditions after the market closed yesterday. Corn planting jumped 20% last week with 75% of the crop now planted, well ahead of the four year average of 57% complete during the same time period. ...[Read More]
Grain futures continued to dip lower this week with planting in full swing and promising prospects for another year of bumper crops. In the cash market, corn basis posted some modest strength this week, while soybean basis continued to be flat, showing no significant change on average across...
The winter wheat forecast seemed to come in below most analysts’ expectations after the Wheat Council finished their three day tour of Kansas fields.
In the overnight session the grains were mostly unchanged with corn down 3/4 of a cent, soybeans down 3/4 of a cent and wheat gaining 1 1/4 cents going into the morning pause. Oil is trading 68 cents higher and the U.S. dollar is down 1/10th of a percent. South Korea purchased 63,000 metric...
Soybean export sales continue to impress during a period when sales are typically weak and pressured by South America.
In the overnight session the grains are mostly unchanged with corn down 2 3/4 cents, soybeans unchanged and wheat in Chicago up 3/4 of a cent. The U.S. dollar is up a fraction of a percent this morning and crude oil is trading 14 cents higher.