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June 03, 2016 | Grain Hedge Insights | Kevin McNew | Views: 263

Weekly Cash Comments

Weekly Cash Commentary for week ending 10/15/2015

US corn basis was mostly steady on the week while soybeans posted a modest 1-cent advance as futures climbed to two-year highs. 

June 03, 2016 | Grain Hedge Insights | Kevin McNew | Views: 279

Double-digit gains in Soybeans

weaker than expected job data

Grains continued to pulse higher led by soybeans with double-digit gains. In outside markets, weaker than expected jobs data put pressure on the US Dollar and equity futures heading into the day session.

June 02, 2016 | Grain Hedge Insights | Kevin McNew | Views: 302
June 02, 2016 | Grain Hedge Insights | Kevin McNew | Views: 168

Soybeans Reach New Heights

Crude oil was unchanged in the overnight

Soybeans reached new heights overnight with front month July briefly touching $11.10 a bushel. Corn and wheat were mostly unchanged in rather directionless trade. In outside markets, crude oil was unchanged while equity futures and the US dollar drifted lower.

June 01, 2016 | Grain Hedge Insights | Kevin McNew | Views: 256
June 01, 2016 | Grain Hedge Insights | Kevin McNew | Views: 276

Grains Under Pressure

Corn and Soybeans Drift Lower

Grains were under pressure to start Wednesday with corn and soybeans drifting lower while wheat reversed some of Tuesday’s sharp losses.

May 31, 2016 | Grain Hedge Insights | Kevin McNew | Views: 247
May 31, 2016 | Grain Hedge Insights | Kevin McNew | Views: 251

Mixed Grain Prices to Start the Week

US Dollar fractionally higher

Grain prices were mixed to start the week with corn and wheat lower while soybeans were higher. In outside markets, the US dollar was fractionally higher while crude oil also moved up slightly.

May 27, 2016 | Grain Hedge Insights | Kevin McNew | Views: 316
May 27, 2016 | Grain Hedge Insights | Kevin McNew | Views: 269

Weekly Cash Comments

Weekly Cash Commentary for week ending 5/27/2016

US soybean basis showed good strength this week. While corn lagged behind, mostly steady to weaker loosing half a cent on the week. 

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