February 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 129

Weekly Cash Comments

Weekly Cash Commentary for week ending 02/17/2017

Grain basis was mixed this week as corn basis came under some modest pressure giving up 0.5 a cent a bushel on average across the U.S. Soybeans posted a nearly 1-cent gain on the week.

February 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 90
February 16, 2017 | Kevin McNew | Views: 101
February 16, 2017 | Grain Hedge Insights | Kevin McNew | Views: 326

Corn Has Rallied to Fresh Highs

In Outside Markets, US Dollar Correcting Lower

Grains faltered in early trade after solid advances posted on Wednesday, although export sales ahead of the morning break added some buying strength to wheat and soybeans.

February 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 239

Grains Lower to Start the Day

Bullish Enthusiasm Appears to be Waning

Grains were lower to start the day as the bullish enthusiasm from last week appears to be waning. Meanwhile, the US Dollar continued to exert its strength to the upside while crude oil drifted lower.

February 14, 2017 | Kevin McNew | Views: 170
February 14, 2017 | Grain Hedge Insights | Kevin McNew | Views: 115

Grains were Weaker to Kick off the Day

Wheat and Soybeans feeling the most pressure

Grains were weaker to kick off the day with wheat and soybeans feeling the most selling pressure in the night session.

February 13, 2017 | Kevin McNew | Views: 108
February 13, 2017 | Grain Hedge Insights | Kevin McNew | Views: 192

Grains Start the Week with a Negative Tone

Crude Oil also Falling Lower

Grains started the week with a negative tone following last week’s strong performance. In outside markets, crude oil was falling lower while the US Dollar was holding around the unchanged mark.

February 10, 2017 | Grain Hedge Insights | Kevin McNew | Views: 119

Weekly Cash Comments

Weekly Cash Commentary for week ending 02/10/2017

Grain basis reversed course from recent trends with corn basis moving lower while soybean basis moved higher. 

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