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.
USDA’s Crop Progress Data Shows Weaker than Expected Corn and Soybean Ratings
Grains Higher in the Overnight
In weather, longer-term forecasts for the US in June and into July see no major threats to crop growing regions.
Markets Slide on Limited Weather Concerns
Weather Forecasts Continue to Point to Rain for much of Grain Belt
Grains in a Sour Mood after Long Holiday Weekend
Grains came back from the long holiday weekend in a sour mood with wheat leading the complex lower in overnight trade.
Grain Basis Popping In Some Regions
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.
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.
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.
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.
Grains Sell Off On Improving Crop Weathe