Grains Lower as Traders Prepare for Planting Intentions Report
The grains are trading slightly lower today with corn down 2 cents, soybeans down 4 1/4 cents and wheat down 5 cents going into this morning’s pause in trade. Today at 11 AM CST the USDA will release its Prospective Plantings report as well as the Quarterly Grain stocks figures. Traders are...[Read More]
Wheat was higher in the overnight session.
Wheat was higher in the overnight session posting modest 4 cent gains while corn and beans were mostly unchanged in listless trade activity.
Wheat found support in the overnight session as concerns over dryness in the Plains continue to support prices. Weekend rains were nonexistent for...[Read More]
Wheat Yield Forecast
Weekly Cash Comments
Corn grain basis was unchanged for the week, while soybeans posted a 2-cent advance.
In corn, basis levels were up one-cent a bushel at the Gulf export market, but river terminals were on average unchanged for the week.[Read More]
Grains Mixed on Friday with Traders Eyeing Tuesday’s Reports
In the overnight session the grains were mixed with corn down 3/4 of a cent, soybeans down 2 3/4 of a cent and wheat up 4 cents going into this morning’s pause. Traders are eyeing two market moving reports that will be released next Tuesday the 31st which include the planting intentions...[Read More]