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March 18, 2016 | Grain Hedge Insights | Kevin McNew | Views: 313

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.

March 18, 2016 | Grain Hedge Insights | Kevin McNew | Views: 225

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...

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March 17, 2016 | Grain Hedge Insights | Kevin McNew | Views: 225
March 17, 2016 | Grain Hedge Insights | Kevin McNew | Views: 215

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.

March 16, 2016 | Grain Hedge Insights | Kevin McNew | Views: 529
March 15, 2016 | Grain Hedge Insights | | Views: 466
March 15, 2016 | Grain Hedge Insights | Kevin McNew | Views: 224

Grains were Lower in Overnight Trade

Grains were lower in overnight trade while crude oil continued to sell off after yesterday’s $1 a barrel slide

Grains were lower in overnight trade while crude oil continued to sell off after yesterday’s $1 a barrel slide.

March 14, 2016 | Grain Hedge Insights | Kevin McNew | Views: 473
March 14, 2016 | Grain Hedge Insights | Kevin McNew | Views: 263

Corn and Wheat Higher in Overnight Session

Crude oil was off sharply with equity futures also sinking in the overnight trade session.

Grains were mixed with corn and wheat higher in overnight trade, while soybeans were slightly weaker. Crude oil was off sharply with equity futures also sinking in overnight trade. The US dollar was higher trying to recover from last week’s sharp sell-off.

March 11, 2016 | Grain Hedge Insights | Kevin McNew | Views: 624

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