Strong Export Sales for Corn and Wheat This Morning
Grains Traded Slightly Higher in the Overnight Session
Export sales for wheat and corn were strong this morning with both grains beating trade expectations.
Dry Weather in the Midwest Expected to Boost Harvest
Grains Traded Lower in the Overnight Session
Dry weather throughout the Midwest is expected to boost harvest pace according to the latest 6-15 day forecast.
Latest Crop Progress Report Results
Grains Slide Lower in the Overnight Session
The latest Crop Progress report showed that only 28 percent of corn has been harvested as of October 15th compared to a four year average of 47 percent harvested.
Weekly Cash Comments
Weekly Cash Commentary for week ending 10/13/2017
In the cash market this week there was a bit of buoyancy as river barge markets reverted to more normal pricing and corn harvest ground to a near halt. On the week, soybean basis was up 2 cents while corn basis posted a modest 1-cent advance.
Soybeans Advance Over News from USDA
Chicago Soybean Futures Rose on Friday
Chicago soybean futures rose on Friday, a day after the US Department of Agriculture (USDA) unexpectedly cut its forecast of the US soy crop.
USDA Supply and Demand Report Due Out Today at 11 am CST
Grains Mostly Stable in the Overnight Session
Grains mostly stable in the overnight session with Corn unchanged, Nov Soybeans up 2.5 cents and Dec Wheat down three-quarters of a cent.
Grains Continue to Inch Lower in the Overnight Session
USDA Supply and Demand Report Out Tomorrow
Grains Continue to Flounder in the Overnight Session
Today USDA Reports Export Inspections
Grains continued to flounder overnight with corn and wheat dipping further into negative territory while beans put on a 4-cent going into the break.
Wheat and Soybeans in Negative Territory after Overnight Session
Tropical Storm Nate Makes Landfall on Saturday
Going into the break, corn was struggling to hold on to a slim advance while wheat and soybeans were in negative territory.