Grain Hedge Overnight Highlights
NOPA soy crush estimates to be released today.
Grains were lower in the night session, with light losses across the board. In outside markets, the US Dollar and S&P futures were higher while crude was lower.
Today, NOPA soy crush estimates will be released with expectations at 129.24 MB. If realized, that would be the busiest...[Read More]
Where Will Corn Basis Go?
Historical corn basis trends point to where corn might be headed.
USDA Releases Harvest Progress Estimates
NOPA Soy Crush estimates to be released this week.
Grains were lower in the night session, following Tuesday’s sharp rally in soybeans and wheat
Bullish Demand and Exports Spur on Beans
Kevin looks at the causes of today's soybean rally as well as harvest progress.
Soybeans and Wheat Higher in the Overnight
USDA will release export inspections later this morning and crop progress after the close.
Soybeans and wheat were higher overnight while corn continued to drift lower in the night session. In outside markets, stock futures were lower while oil tried to recover from sharp losses on Monday.
Grains were mostly listless in Monday's trade with the Columbus holiday providing no key...[Read More]
Any Incentives for Beans to Buck the Current Trend?
Soybeans continue to struggle through their current trend. Kevin looks at what will be needed to move to market and gives an update on the current Ukraine crop production.
Grains Sluggish in the Overnight
Friday’s USDA report did little to change the mood in the markets, as only modest changes in US supply had little stimulus for prices.
Grains were sluggish overnight with only soybeans showing significant movement, gaining 5 cents in the night trade. Corn and wheat were mostly unchanged in the overnight.
Friday’s USDA report did little to change the mood in the markets, as only modest changes in US supply had little...[Read More]
Beans Struggle to Find Direction
Tune in to hear what's driving the bean market and where it may be headed.
Weekly Cash Comments
Weekly Cash Commentary for week ending October 9th
Grain basis was unchanged this week for both corn and soybeans as flat futures prices and slow farmer selling during harvest keep the markets mostly in check.