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March 21, 2017 | Grain Hedge Insights | Kevin McNew | Views: 219

USDA State Offices Release Winter Wheat Condition Scores

Grains Continue to Sink Lower

Grains continued to sink lower following Monday’s sharp sell-off in wheat. In outside markets, the US Dollar index fell below 100 for the first time since early February while crude oil was trying to find stability in the $49 a barrel territory.

March 20, 2017 | Kevin McNew | Views: 162
March 20, 2017 | Grain Hedge Insights | Kevin McNew | Views: 215
March 17, 2017 | Kevin McNew | Views: 163
March 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 174

Weekly Cash Comments

Weekly Cash Commentary for week ending 03/17/2017

Cash grain basis showed modest strength this week after futures prices stabilized en-route to a two week slide. 

March 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 183
March 16, 2017 | Grain Hedge Insights | Kevin McNew | Views: 221

Grains Move Higher in the Overnight

USDA Weekly Exports Show a Good Week for Corn

Grains moved higher overnight led by soybeans as they moved above $10 a bushel on front month May. Outside markets saw crude oil and equities higher while the US dollar hit their lowest mark since early February.

March 15, 2017 | Kevin McNew | Views: 191
March 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 176

Grains in Recovery Mode on Wednesday

February NOPA Crush will be out at 11 am CST Today

Grains were in recovery mode on Wednesday after two weeks of sliding lower. In outside markets, crude oil was trying to bounce off its worst prices in 3.5 months while the US dollar was weaker to start the day ahead of the Fed announcement.

March 14, 2017 | Kevin McNew | Views: 186

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