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March 01, 2017 | Kevin McNew | Views: 158
March 01, 2017 | Grain Hedge Insights | Kevin McNew | Views: 262

US Dollar Hits a 7-Week High on Wednesday

India is likely to impose an import tax of 25% on wheat

The dollar hit a seven-week high on Wednesday on hopes the U.S. Federal Reserve would lift rates this month

February 28, 2017 | Kevin McNew | Views: 167
February 28, 2017 | Grain Hedge Insights | Kevin McNew | Views: 247

Winter Wheat Ratings are out for Select States

US Dollar Continues to Weaken

Turnaround Tuesday was in check this morning with grains turning higher in early trade as beans lead the complex with an 8-cent advance. The US Dollar continued to weaken as did crude oil adding to yesterday’s losses.

February 27, 2017 | Kevin McNew | Views: 234
February 27, 2017 | Grain Hedge Insights | Kevin McNew | Views: 223

POTUS Economic Agenda speech set for Tuesday

Grain Markets Show Little Direction to Start the Week

Grain markets continued to show little direction to start the week as soybeans were higher while wheat was lower. Corn spent most of the night session fractionally higher. In outside markets crude oil was higher.

February 24, 2017 | Kevin McNew | Views: 181
February 24, 2017 | Grain Hedge Insights | Kevin McNew | Views: 133

Weekly Cash Comments

Weekly Cash Commentary for week ending 02/24/2017

Grain basis was mostly flat this week even with a sharp sell-off in futures prices

February 24, 2017 | Grain Hedge Insights | Kevin McNew | Views: 250

Grains Mixed in the Overnight with Soybeans Turning Higher

Crude Oil and the US Dollar were Lower

Grains were mixed overnight with soybeans turning higher for the first time in 6 days while wheat and corn dipped lower. In outside markets, crude oil and the US dollar were lower in early trade.

February 23, 2017 | Kevin McNew | Views: 221

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