Export sales were mixed this morning with new crop soybean showing the best performance this week.
In the overnight session corn traded lower by 1 1/2 cents, soybeans pushed 2 1/2 cents higher and wheat in Chicago fell by 2 1/4 cents. The U.S dollar is continuing lower today after two days of selling and crude oil is down 39 cents.
This week’s export sales did little to impress with...
The markets rallied sharply yesterday on the back of a dollar sell-off and concerns about India grain production.
In the overnight session the grains are trading slightly lower with corn down 3/4 of a cent, soybeans down 4 1/4 cents and wheat down 1 1/4 cents going into this morning’s pause in trade. Crude oil is down $1.04 this morning and the U.S. dollar has rallied back nearly 1/2 a percent from the...
Winter Wheat rated good to excellent fell by 1 percent throughout the U.S. in the latest crop progress report issued out on Monday.
In the overnight session the grains traded higher with corn up 2 1/4 cents, soybeans up 8 1/2 cents and wheat up 4 1/2 cents going into this morning’s pause in trade. The U.S. dollar index has fallen nearly 3/4 of a percent and crude oil is 55 cents higher this morning.
The grains are mostly unchanged with the exception of soybeans on Monday morning.
In the overnight session the grains were mixed with corn lower, soybeans down 3 3/4 cents and wheat up 1 1/4 cents. The U.S. dollar is trading slightly higher with crude oil down 28 cents this morning. On Friday, the grain crushers strike in Rosario Argentina was resolved which should have a...
It was another week lower in the grain futures markets as the prospects of another bumper crop this fall keep prices on the defensive. In the cash market, basis levels only showed modest improvement for soybeans, which gained 1-cent a bushel while corn basis was unchanged for the week.
The large increase in the past two years was made possible by both greater availability and the U.S.-Colombia free trade agreement
This week’s U.S. Grains Council’s Chart of Note illustrates that Colombia is importing a similar amount of U.S. corn in the first four months of this calendar year as compared to last year and will likely exhaust its duty-free quota soon.