Markets in a Wait and See Ahead of Tomorrow’s New Crop Estimates
Crude Oil Moves Higher in the Overnight
Grains moved lower overnight with wheat leading the complex lower while losses in corn and beans were more muted. In outside markets, crude oil moved higher as did the US dollar.
Brazil Bean Crop Grows on CONAB forecast
Soybeans Lead the Decline in the Overnight
Grain Futures were Lower
Grain futures were lower overnight with soybeans leading the decline on a 7 cent loss, giving up much of yesterday’s 10-cent advance. In outside markets, crude oil tried to stabilize after yesterday’s $2 a barrel slide while US equity futures and the dollar were eaking out small gains to...[Read More]
Beans Close at Highs
Beans Flat in Overnight Trade
Wheat and Corn Start the Week in Positive Territory
Wheat and corn started the week in positive territory while beans were flat in overnight trade.
Critical Decisions for Soybeans Need to Be Made
Weekly Cash Comments
Weekly Cash Commentary for week ending 01/06/2017
Cash markets saw positive movement to start the year. On average corn was up 1 cent, rising higher for the third week in a row.
Soybeans Firmly in Negative Territory Overnight
Corn and Wheat Add to their Gains for 2017
Corn and wheat continued to add to their gains of 2017 while soybeans was firmly in negative territory for much of the night session. In outside markets crude oil was higher while equities and the US dollar were little unchanged.