Markets Weaker on Supply Woes
Grains were modestly lower in the night trade with corn and soybeans off 2 cents a bushel, and wheat down 3. In other markets, S&P futures were up 0.4% while crude oil was up 1%.
Beans Turn Sharply Lower
Even with positive exports beans take a turn. Will they continue their break through the $8.78 mark?
Grains Mixed in the Overnight
Outside Markets were higher for crude oil; S&P Futures were also marginally higher.
Grains were mixed overnight with wheat up 3 and soybeans up 2, but corn traded fractionally lower
Quarterly Grain Stocks Overshadowed by New Crop
After a big report day Cody looks into why the market didn't have more substantial moves.
Traders Eye Quarterly Stocks
With traders watching the Quarterly Grain Stocks number scheduled for release today here is what the farmer needs to know.
In the overnight session, the grains traded higher with corn up 3/4 of a cent, soybeans up 3 cents and wheat up 1 cent. Soybeans are trading just a few cents below the $8.90 which has held back four attempts to move higher since August 24th. After so many failed attempts, I would be...[Read More]
Quarterly Grain Stock Expectations
Quarterly grain stock numbers are scheduled to be released tomorrow. Cody looks at where the numbers might fall and how that may affect the market.
Corn Harvest Behind Expectations
This week's crop progress report showed that corn harvest had not progressed as much as traders expected.
In the overnight session, the grains are mostly unchanged with corn down 1 cent, soybeans up 3/4 of a cent and wheat trading down 4 cents. The U.S. dollar increased a fraction of a percent in the overnight and crude oil jumped 73 cents after selling off during yesterday’s session. The...[Read More]
Grains Find Resistance to Start the Week
Cody looks at world news and the weather to see what has been impacting the grain market.
Strong Export Sales Announced This Morning
Export sales helped lift soybeans last week and strong sales announced this morning could have a positive impact on prices when the market opens at 8:30 AM CST.
In the overnight session the grains were mixed with corn up 3/4 of a cent, soybeans down 5 1/4 cents and wheat up 6 1/2 cents this morning. The U.S. dollar is trading a fraction of a percent higher and crude oil is down 86 cents this morning. Last Friday, the Chairman of the Federal Reserve,...[Read More]