Grains Mixed Overnight
Wheat Continues to Find Strength
Grains were mixed overnight as wheat continued to find strength while corn and soybeans were lower heading into the morning break.
Wheat May Face a Difficult Road Ahead
Corn and Wheat Drift Lower in the Overnight
Crude Oil up $1 a Barrel
Grains were mixed overnight as corn and wheat drifted lower while soybeans posted modest gains. Crude oil was up about a $1 a barrel with its sights on the $50 a barrel mark.
Corn May Be Nearing its Peak
Grains Mostly Lower in the Overnight Led by Soybeans
US Dollar Surges
Grains were mostly lower led by soybeans which gave up 5 of its 20-cent advance from Monday. In outside markets, the US dollar surged 0.6% while crude oil was sharply lower to start the day.
Minimal Support in Sight for Soybeans
Limited Movement in the Overnight
Crude Oil Remains in Positive Territory
Grains were mixed overnight with limited movement in the complex to start the day. In outside markets, equity futures were drifting lower into the opening bell while crude oil was in positive territory.
Corn Basis Strain Yet to Come
Weekly Cash Comments
Weekly Cash Commentary for week ending 09/30/2016
The cash market saw loses yet again this week with soybeans getting hit especially hard.