Grains were Mixed in Quiet Trade to Start the Week
US Dollar was Up this Morning
Grains were mixed in quiet trade to start the week while crude oil continued to march higher. Equity futures and the US dollar were up as well in early morning trade action.
Weekly Cash Comments
Weekly Cash Commentary for week ending 10/07/2016
National basis saw light movement after big losses during September.
Early Estimates for USDA October Crop Report
Grains Mixed in the Overnight Session
Grains were mixed overnight with no definitive movement from the overnight trade.
Grains Mixed Overnight
Wheat Continues to Find Strength
Grains were mixed overnight as wheat continued to find strength while corn and soybeans were lower heading into the morning break.
Corn and Wheat Drift Lower in the Overnight
Crude Oil up $1 a Barrel
Grains were mixed overnight as corn and wheat drifted lower while soybeans posted modest gains. Crude oil was up about a $1 a barrel with its sights on the $50 a barrel mark.
Grains Mostly Lower in the Overnight Led by Soybeans
US Dollar Surges
Grains were mostly lower led by soybeans which gave up 5 of its 20-cent advance from Monday. In outside markets, the US dollar surged 0.6% while crude oil was sharply lower to start the day.