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March 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 156

Weekly Cash Comments

Weekly Cash Commentary for week ending 03/17/2017

Cash grain basis showed modest strength this week after futures prices stabilized en-route to a two week slide. 

March 17, 2017 | Grain Hedge Insights | Kevin McNew | Views: 169
March 16, 2017 | Grain Hedge Insights | Kevin McNew | Views: 206

Grains Move Higher in the Overnight

USDA Weekly Exports Show a Good Week for Corn

Grains moved higher overnight led by soybeans as they moved above $10 a bushel on front month May. Outside markets saw crude oil and equities higher while the US dollar hit their lowest mark since early February.

March 15, 2017 | Kevin McNew | Views: 173
March 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 160

Grains in Recovery Mode on Wednesday

February NOPA Crush will be out at 11 am CST Today

Grains were in recovery mode on Wednesday after two weeks of sliding lower. In outside markets, crude oil was trying to bounce off its worst prices in 3.5 months while the US dollar was weaker to start the day ahead of the Fed announcement.

March 14, 2017 | Kevin McNew | Views: 171
March 14, 2017 | Grain Hedge Insights | Kevin McNew | Views: 174
March 13, 2017 | Grain Hedge Insights | Kevin McNew | Views: 159
March 10, 2017 | Kevin McNew | Views: 155
March 10, 2017 | Grain Hedge Insights | Kevin McNew | Views: 145

Weekly Cash Comments

Weekly Cash Commentary for Week Ending 03/10/2017

Weekly Cash Comments

Grain basis levels were mostly stagnant this week even with the sharp sell-off on the board. For the week, US average corn basis was mostly unchanged while the US average soybean basis inched up by 1 cent a bushel.

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