Grain Prices Continue their Stalemate
Weekly Export Sales Reported this Morning were Strong for Wheat
One day to go until USDA’s crop reports that are expected to breath new life in the markets.
Will Corn Stocks Be Higher Then Expected?
Trade Action Proves to be Listless Leading up to Friday’s Crop Report
US Dollar and Crude Oil Turns Higher
The recovery in ag grains entered Day 2 with little upside enthusiasm. In outside markets, US dollar crude oil and equities turning higher.
USDA Acreage Surprises Ahead?
Grains Posting a Modest Bounce This Morning
Crop Reports are Reporting on Winter Wheat
Grains were posting a modest bounce higher heading into the morning session.
Big Rains In Next Two Weeks Topple Wheat
US Dollar Slides to Fresh Lows
Grains Were Mostly Weaker in the Overnight
Grains were mostly weaker overnight with wheat and soybeans pushing to the downside while corn was trying to hold on to modest gains.
Weekly Cash Comments
Weekly Cash Commentary for week ending 03/24/2017
Grain basis continued to show little upside life this week even with the ongoing slide in futures prices. For the week, spot corn basis across the country managed a 1.3 cent advance while soybean basis was up 0.8 cents a bushel.
Wheat Took a Break in the Overnight from its Recent Slide
Soybeans Continue to see Mounting Losses
Grains were mixed overnight as wheat took a break from its recent slide and inched higher while soybeans continued to see mounting losses, reaching their lowest mark since October.