June 01, 2017 | Grain Hedge Insights | Kevin McNew | Views: 47

Corn Steady to Firm this Morning, but Range Bound

Traders continue to weigh the impact of excessive spring rains in the eastern Midwest

This morning, corn steady to firm but range bound, awaiting fresh market-moving news. Soybeans higher on bargain-buying a day after July soybeans dipped to $9.09 1/2 per bushel, the lowest level for a most-active contract in more than a year.

May 31, 2017 | Grain Hedge Insights | Kevin McNew | Views: 274
May 30, 2017 | Kevin McNew | Views: 224
May 30, 2017 | Grain Hedge Insights | Kevin McNew | Views: 136
May 26, 2017 | Kevin McNew | Views: 135
May 26, 2017 | Grain Hedge Insights | Kevin McNew | Views: 128

Weekly Cash Comments

Weekly Cash Commentary for week ending 5/26/2017

Basis levels continued to rise this week with corn and soy basis advancing about 2.5 cents across the US on average.

May 26, 2017 | Grain Hedge Insights | Kevin McNew | Views: 128

Soybeans Move to Fresh Lows Overnight

New Crop Corn and Bean Sales for the US Continue to Disappoint

New-crop corn and bean sales for the US continue to be disappointing with USDA’s weekly report on Thursday showing no new deals.

May 25, 2017 | Grain Hedge Insights | Kevin McNew | Views: 107

Grains Bounce Higher in the Overnight

Export Sales Number this Morning are Dismal for New Crop Deliveries

Grains bounced higher overnight with soybeans leading the complex on a 4 cent advance.

May 24, 2017 | Grain Hedge Insights | Kevin McNew | Views: 85

Chicago Wheat Futures Slid for a Third Session

Oil Prices Steadied on Wednesday

Chicago wheat futures slid for a third session with the US Hard Red Winter crop’s resilience to late spring snowstorms pulling the market lower while soybeans were virtually flat after recovering from early losses.

May 23, 2017 | Kevin McNew | Views: 85

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