Winter Wheat Ratings are out for Select States
US Dollar Continues to Weaken
Turnaround Tuesday was in check this morning with grains turning higher in early trade as beans lead the complex with an 8-cent advance. The US Dollar continued to weaken as did crude oil adding to yesterday’s losses.
Grains Continue to Bleed Lower
POTUS Economic Agenda speech set for Tuesday
Grain Markets Show Little Direction to Start the Week
Grain markets continued to show little direction to start the week as soybeans were higher while wheat was lower. Corn spent most of the night session fractionally higher. In outside markets crude oil was higher.
Corn and Wheat Slip into Options Expiration
Weekly Cash Comments
Weekly Cash Commentary for week ending 02/24/2017
Grain basis was mostly flat this week even with a sharp sell-off in futures prices
Grains Mixed in the Overnight with Soybeans Turning Higher
Crude Oil and the US Dollar were Lower
Grains were mixed overnight with soybeans turning higher for the first time in 6 days while wheat and corn dipped lower. In outside markets, crude oil and the US dollar were lower in early trade.
Soybeans Slides on USDA Acreage Forecast
Grains Dipped Lower in the Overnight
Crude Oil Rallies into the mid-$54 Mark
Grains dipped lower overnight as the prospect of a big South American harvest looms over the complex. In outside markets, crude oil rallied into the mid-$54 mark ahead of fresh data from EIA on crude stocks.
Traders Await Acreage Forecasts from USDA Forum
US Soybeans edge up on Wednesday
US soybeans, wheat and corn rose on Wednesday as traders took positions ahead of a USDA forum this week which is expected to shed light on what crops US farmers are planting for this summer’s harvest.