Grains in Negative Territory
Crude Oil Holds on to Positive Gains
Grains were in negative territory to start the day. In outside markets, equity futures were sharply higher going into the morning trade session while crude oil also was holding onto positive gains.
Can Soybean Demand Sustain the Rally?
Grains on a 3 Day Roll of Advancing Prices
Crude Oil Modestly Higher
Grains started the week higher trying to make 3 days in a row of advancing prices. In outside markets, crude oil was modestly higher while the US dollar index was holding solid gains going into the morning trade session.
Soybeans Face Heavy Upside Resistance
Weekly Cash Comments
Weekly Cash Commentary for week ending 10/14/2016
Corn and soybeans saw mixed numbers in the cash market this week.
National corn basis was virtually unchanged from last week. Ethanol plants were off slightly, down 1/2 cent per bushel. Corn along the river saw surprising movement, up 6 cents per bushel; holding on to the only gains this...[Read More]
Grains Stronger in the Overnight Session
Equity Futures, US Dollar and Crude Oil Also Higher
Grains were stronger overnight adding to yesterday’s double-digit gains. In outside markets, equity futures, the US dollar and crude oil were also higher
Wheat Hopeful for a New Trading Range
USDA Report Hit Expectations for US Corn and Soybean Production
Grains Mixed in the Overnight Session
Grains were mixed overnight following yesterday’s selloff. In outside markets equity futures were pressing lower as was the US dollar while crude oil was holding on to small gains.
Skepticism of Higher Corn Prices Increases
USDA Supply and Demand Report Out Later Today
In outside markets, the US Dollar Continues to Strengthen
Grains continued to mark time with limited movements, awaiting USDA’s latest supply and demand forecasts out later this morning. In outside markets the US dollar continued to strengthen hitting its highest point in 7 months.
This morning USDA announced a 115,000 MT sale of soybeans to...[Read More]