Grains were Higher in the Overnight
On Monday, state USDA agency’s gave an update on HRW wheat conditions
Grains were higher overnight, while outside markets turned lower on news of a terrorist attack in Belgium.
On Monday, state USDA agency’s gave an update on HRW wheat conditions, which showed a mixed bag with Kansas and Texas each having a modest 1% improvement in the crop rating for...[Read More]
Wheat Finds Buying Interest on Sunday
In outside markets crude was modestly lower while stock futures were up going into the morning session
Wheat found buying interest on Sunday as cold weather in the Plains put a premium on prices, while corn and soybeans drifted lower to start the week. In outside markets crude was modestly lower while stock futures were up going into the morning session.
Why There is Little Potential for Any Corn Movement
Weekly Cash Comments
Weekly Cash Commentary for week ending 3/18/2016
Grain basis levels were stagnant yet again this week with the average corn basis across the country unchanged, while soybeans slipped 1-cent a bushel.
Grains were Subdued in the Overnight Trade Session
Crude oil added to its winning streak overnight trying to make a third-day in a row of gains
Grains were subdued overnight as corn and wheat were mostly unchanged, while soybeans recovered to above $9 a bushel on front month May. Crude oil added to its winning streak overnight trying to make a third-day in a row of gains, and up $11 a barrel since its low on Feb 11. The US dollar...[Read More]
Signs of a Troubling Start for HRW
Grains Find Strength in the Overnight
US Dollar Continues to come under Pressure
Grains found strength overnight with soybeans eclipsing the psychological $9 mark for the first time since December. Outside markets were mixed as the US dollar continued to come under pressure while crude oil added to its gains from Wednesday.