Weekly Cash Comments
Weekly Cash Commentary for week ending 03/17/2017
Cash grain basis showed modest strength this week after futures prices stabilized en-route to a two week slide.
Grains Listless in Overnight Trading
US Government weather outlook predictions
Grains drifted listlessly in overnight trade with no firm direction heading into the weekend.
Grains Move Higher in the Overnight
USDA Weekly Exports Show a Good Week for Corn
Grains moved higher overnight led by soybeans as they moved above $10 a bushel on front month May. Outside markets saw crude oil and equities higher while the US dollar hit their lowest mark since early February.
NOPA Crush Stalls Bean Recovery
Grains in Recovery Mode on Wednesday
February NOPA Crush will be out at 11 am CST Today
Grains were in recovery mode on Wednesday after two weeks of sliding lower. In outside markets, crude oil was trying to bounce off its worst prices in 3.5 months while the US dollar was weaker to start the day ahead of the Fed announcement.
Grains Find Buying Support on Export News
Grains were able to pare losses on some postive export business for corn.But will it last?
US Soybean Prices Drop below $10 a Bushel to Hit 2-Month Low
The US Department of Agriculture believes South America is on the verge of harvesting a monster corn crop
Corn fell on high corn plantings while wheat prices edged lower on welcome rain forecasts.
US Soybean Prices on Monday Inch away from Two-Month Lows
An event packed week for global markets gets underway
US soybean prices on Monday inched away from two-month lows touched in the previous session, though gains were checked by forecasts of ample South American supply.