Weekly Cash Comments
Weekly Cash Commentary for week ending 08/26/2016
The cash markets remained relatively stable this week posing slight gains of an average of 1 cent per bushel.
Overnight Session Saw Soybeans Trying to Reverse Yesterday’s Sell Off
Grains in positive territory to start the day
Grains were in positive territory to start today. Soybeans were trying to reverse yesterday’s punishing sell-off while wheat and corn were only fractionally higher in anemic trade.
Day 3 Pro Farmer Crop Tour Projections
Grains were mixed in the overnight.
Grains were mixed overnight with Nov beans spending much of the night below $10 while corn and wheat were holding onto small gains going into the break.
Corn Lows May Be Yet to Come
Day 2 Pro Farmer Crop Tour Results
Crude Oil is off nearly $1 a Barrel
Grains continued to weaken overnight and crude oil was off nearly $1 a barrel.
Few Signs of a Corn Bounce
Grains Start the Day Weaker
Crude Oil Continues to Slide
Grains were weaker to start the day while crude prices continued to slide in overnight trade.
Poor Bullish Signs from the Crop Tour
Grains were Lower to Start the Week
Crude oil prices fall on Monday
Grains were lower to start the week as were most of the outside commodity and equity markets.