August 19, 2016 | Grain Hedge Insights | Kevin McNew | Views: 190

Weekly Cash Comments

Weekly Cash Commentary for week ending 08/19/2016

Grain basis was mostly lower to unchanged to close the week.

August 19, 2016 | Grain Hedge Insights | Kevin McNew | Views: 193

Beneficial Rains Across the Midwest

Grains were off in overnight trade

Soybeans slid for a second session on Friday as beneficial rain in the U.S. Midwest buoyed expectations of a record U.S. crop this fall.

August 18, 2016 | Grain Hedge Insights | | Views: 214
August 18, 2016 | Grain Hedge Insights | Kevin McNew | Views: 169

Grains Were Off in Overnight Trade

US Dollar Continues to Erode

Grains were off in overnight trade while crude oil hit the $47 a barrel mark and the US dollar continued to erode.

August 17, 2016 | Grain Hedge Insights | Kevin McNew | Views: 224
August 17, 2016 | Grain Hedge Insights | Kevin McNew | Views: 184

Soybeans Lead the Overnight Session

Crude Oil lower with Limited Trade

Grains were higher overnight again led by soybeans while wheat was in the red for much of the night session. In outside markets, the US dollar was fractionally higher after yesterday’s steep sell-off and crude oil was also lower in limited trade.

August 16, 2016 | Grain Hedge Insights | Kevin McNew | Views: 201
August 16, 2016 | Grain Hedge Insights | Kevin McNew | Views: 185

Grains Mostly Higher Overnight

US Dollar sharply lower

Grains were mostly higher overnight as soybeans and corn continue to add to recent gains while wheat slipped.

August 15, 2016 | Arlette Sambs | Views: 497
August 15, 2016 | Grain Hedge Insights | Kevin McNew | Views: 232

Grains Start the Week Higher

Crude Oil also trading higher

Grains were higher to start the new week, shrugging off Friday’s bumper crop forecasts by USDA. Crude oil was also higher, trading briefly above $45 for the first time since Jul 21.

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