Kevin and Cody discuss the cash basis movement on a national level this Friday.
Corn and bean futures prices found strength this week and the cash market added on to the gains with a 2 cent basis increase on average across the US this week.In corn, ethanol plants were a dominant driver adding 4 cents a bushel as a group as ethanol production continues to accelerate....
Kevin and Cody discuss the positive day in the grains and talk about some of the drivers behind the scenes. Cody discusses some key price levels to keep an eye on if corn continues its move higher tomorrow.
Cody and Kevin talk about what is behind the soybean rally and how much longer it might last. Kevin discussed the cash market reaction and Cody talks about some price targets that producers should be paying close attention to.
Grains are drifting lower as trade chatter looks for Argentine meal to hit U.S. shores
Grain prices are moving lower in Chicago, with corn down 4, soybeans off 10 and Chicago wheat down 4 cents. We are past first notice day for November 2014 soybean contracts, please begin trading the January contract to avoid any issues with delivery.