September 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 372

Weekly Cash Comments

Weekly Cash Commentary for week ending 09/15/2017

Grain basis was mixed throughout the country as the convergence of old-crop/new-crop marketing seasons begins to cause some shifting patterns in basis. On the week, US average corn basis was fractionally higher while soybeans lost 3 cents a bushel.

September 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 462
September 14, 2017 | Grain Hedge Insights | Kevin McNew | Views: 491
September 13, 2017 | Grain Hedge Insights | Kevin McNew | Views: 384
September 12, 2017 | Grain Hedge Insights | Kevin McNew | Views: 307
September 11, 2017 | Grain Hedge Insights | Kevin McNew | Views: 471
September 07, 2017 | Grain Hedge Insights | Kevin McNew | Views: 445
September 06, 2017 | Grain Hedge Insights | Kevin McNew | Views: 568

Hurricane Harvey Impact

Crop Conditions Reported Yesterday

Crop conditions were reported within analyst expectations after the market closed yesterday. Corn declined by a percentage point to 61 percent good to excellent compared to expectations of holding steady.

August 30, 2017 | Grain Hedge Insights | Kevin McNew | Views: 503

Grains Mostly Unchanged in the Overnight Session

Exporters sell 131,000 MT of Soybeans for delivery to china during the 2017/2018 marketing year. USDA

The grains have come under pressure following the Pro Farmer crop tour as traders became less concerned that the USDA would revise production lower.

August 28, 2017 | Grain Hedge Insights | Kevin McNew | Views: 443

Crop Tour Results Released

Crop Progress Report Out Later Today

The Pro Farmer crop tour announced their official crop estimates on Friday after walking fields across Ohio, Indiana, Illinois, Minnesota, Iowa, Nebraska and South Dakota.

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