Soybeans Continue to Face a Negative Bias
Grains Dip Lower Overnight
Crude and Equities in Positive Territory
Grains dipped lower overnight while crude oil and equities were in positive territory to start the day.
What Happens if Corn Breaks $3.40
Grains Start the Day in Positive Territory
US Dollar Slightly Higher
Grains were again in positive territory to start the day with soybeans leading the complex higher. In outside markets, the US dollar was slightly higher as were equities while crude oil was slipping lower going into the start of the day session.
Soybeans Gap Higher But Are Still on the Defense
Soybeans Post Double Digit Gains
Equities Higher to Start the Week
Soybeans posted double digit gains to hit a one-week high to start the day while corn and wheat gains were limited to a few cents. In outside markets, crude oil found strength and helped push equities higher to start the week.
Weekly Cash Comments
Weekly Cash Commentary for week ending 09/16/2016
National basis levels moved lower after a taking a break last week. Historically basis levels are pegged to keep moving lower until mid to late October.