Grains were Mixed in the Overnight
Soybeans and Wheat inched lower
Grains were mixed overnight with corn posting modest advances while soybeans and wheat inched lower. Crude oil tried to recover from Monday’s massive selloff but instead as how turned lower falling below $37 a barrel.
What’s it Going to Take for Beans to Recover?
Soybeans get pounded today. Kevin looks at exports and what it will take for them to recover.
Wheat Climbed Higher in the Overnight
Soybeans fell 3 cents a bushel
Wheat climbed higher in overnight trade while corn and beans were lower. In outside markets, S&P futures were marginally lower while crude oil continued to move to contract lows.
Weekly Cash Comments
Cash Commentary for week ending 12/04/2015
Grain basis on average across the US was little changed this week as strength in futures prices helped lift farmer selling. On the week, corn basis was up 1 cent a bushel while soybeans was unchanged.
Wheat Continued its Climb in the Overnight
For the third day in the row, another flash sale by the USDA.
Wheat continued to move higher overnight following yesterday’s double-digit gains, while soybeans and corn were slightly weaker. In outside markets, S&P futures tried to recover from the huge sell off while crude oil continued to move higher after yesterday’s gains.
Is US Wheat Able to Compete on the Global Market?
As the U.S. dollar plummets grain prices begin to rise. Kevin looks at what this means for future exports.
Corn and Beans were Lower in the Overnight
Oil hit a 7 year low on Wednesday following an EIA report that showed a 10th straight week of climbing crude oil stocks.
Corn and soybeans were lower overnight while wheat was in positive territory, trying to turn around the price slide of the past week. In outside markets, S&P futures recovered some of their losses from yesterday while Crude Oil recovered slightly from yesterday’s $40 a barrel mark....[Read More]
How to Manage Your Soybean Futures
Things can get tricky with soybeans on the rise. Kevin breaks down strategies to stay ahead while elevators lower basis.
Grains were Mixed in the Overnight as Soybeans Continue to Rally
Crude oil continued to lose ground in the overnight session.
Grains were mixed overnight as soybeans continued to add to its latest rally while corn and wheat were slightly lower. In outside markets, S&P futures held above the critical 2,100 benchmark after closing above it for the first time in a month. Crude oil continued to lose ground in the...[Read More]
Can Soybeans Keep Marching Higher?
Soybeans prices continue higher but can they keep going? Kevin explains.