Fall Weather Continues to be Challenging for Harvest
January Soybeans Up in the Overnight Session
Weather this fall has been challenging for harvest. The cooler weather and rain delays made it hard for later planted crops to dry down naturally in the field.
Jan Soybeans Lower This Morning after a Light Setback after Friday’s 1.9 percent Jump
Corn and Wheat Also Lower this Morning
Last week the cash market firmed as basis moves out of harvest lows. Corn improved 2 cents and soybeans rallied 4 cents on average across the country
Weekly Cash Comments
Weekly Cash Commentary for week ending 11/17/2017
Basis levels were bolstered this week by improving export basis and a surge in end-user bidding out of harvest lows. On the week, corn was up 2 cents while soybeans climbed 4 cents.
Grains Move Higher in the Overnight Session
Rains in the Midwest This Weekend Delay Corn and Soy Harvest
The latest harvest report from France showed that 99 percent of the corn harvest is complete for crops that were rated good-to-excellent.
Moderate Export Sales This Week
Grains Traded Mixed in the Overnight
USDA To Release Monthly Soy Crush Report
Dec Corn and Jan Soybeans Up in Overnight Session
Today at 11 AM CST NOPA will release their monthly crush report. The National Oilseed Processors Association represents 13 companies that make up over 95 percent of soybean crush in the United States.
Corn and Wheat Drift Lower on Prospects of Large Supplies
Midwest Corn and Soy Harvest Delays Wednesday through Saturday
The latest crop progress report showed that corn is now 83 percent harvested, up 13 percentage points from last week, but still below the five year average of 91 percent harvested at this point of the season.
Cash Market Creeps Higher
Soybeans Posting Stronger Gains than Corn
The cash market creeped higher last week with Soybeans posting stronger gains than corn.
Weekly Cash Comments
Weekly Cash Commentary for week ending 11/10/2017
Another month, another bearish surprise from USDA which pushed corn prices into fresh lows. On the week, corn was off 9, beans down 14 and wheat bucked the bearish backlash adding 3 cents.
Export Sales for Corn and Wheat This Week Were Strong
January Soybeans Trading Higher This Morning
Export sales were strong for corn and wheat this week, but below expectations for soybeans. This weeks wheat export sales were a marketing year high and beat expectations sharply.