October 06, 2017 | Grain Hedge Insights | Kevin McNew | Views: 475

Weekly Cash Comments

Weekly Cash Commentary for week ending 10/06/2017

Grain basis had extreme bouts of volatility this week driven in part by a spurt in harvest progress as well as low river levels which sent barge freight shooting to 3-year highs. 

October 06, 2017 | Grain Hedge Insights | Kevin McNew | Views: 484
October 05, 2017 | Grain Hedge Insights | Kevin McNew | Views: 462
October 04, 2017 | Grain Hedge Insights | Kevin McNew | Views: 330
October 03, 2017 | Grain Hedge Insights | Kevin McNew | Views: 613

Ohio River Near Brockport IL Closed to Navigation

Grains Were Mixed in the Overnight Session

Yesterday, it was announced that the Ohio River was closed to navigation near Brockport, Illinois after an equipment failure leaving roughly 89 vessels waiting to pass.

October 02, 2017 | Grain Hedge Insights | Kevin McNew | Views: 586
September 29, 2017 | Grain Hedge Insights | Kevin McNew | Views: 514
September 28, 2017 | Grain Hedge Insights | Kevin McNew | Views: 436
September 27, 2017 | Grain Hedge Insights | | Views: 493
September 26, 2017 | Grain Hedge Insights | Kevin McNew | Views: 478

Crop Progress Shows Corn Harvest Behind Average

Grains Trade Lower in Overnight Session

The Crop Progress report released on Monday showed that corn harvest for the third week in September is running behind the five year average with only 11 percent of the corn crop harvested compared to the average 17 percent.

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