September 28, 2017 | Grain Hedge Insights | Kevin McNew | Views: 409
September 27, 2017 | Grain Hedge Insights | | Views: 459
September 26, 2017 | Grain Hedge Insights | Kevin McNew | Views: 449

Crop Progress Shows Corn Harvest Behind Average

Grains Trade Lower in Overnight Session

The Crop Progress report released on Monday showed that corn harvest for the third week in September is running behind the five year average with only 11 percent of the corn crop harvested compared to the average 17 percent.

September 25, 2017 | Grain Hedge Insights | Kevin McNew | Views: 399

Grains Trade Lower in the Sunday Evening Session

Weather Looks to be Favorable in the Mid-West This Week

The grains traded lower Sunday evening with December corn down 1 ½ cents, November soybeans down 4 ¾ cents and December Chicago wheat down 2 ½ cents this morning.

September 22, 2017 | Grain Hedge Insights | Kevin McNew | Views: 482

Corn Soybeans and Wheat all Up after Overnight Session

Drought Expected to Persist Throughout ND, SD and MT

The most recent Seasonal Drought Outlook maps have been updated by the Climate Prediction Center and show that drought is expected to persist throughout North Dakota, South Dakota and Montana.

September 21, 2017 | Grain Hedge Insights | Kevin McNew | Views: 339
September 20, 2017 | Grain Hedge Insights | Kevin McNew | Views: 295

Yesterday’s Trade Action in November Soybeans was Positive

Flash Sales This Morning

Yesterday’s trade action in November soybeans was positive after rebounding 8 ¼ cents off its low of 9.58 ½. Prices are now above Tuesday’s opening price and seems look like it wants to retest the most recent September 14th high of 9.78 ¼.  

September 19, 2017 | Grain Hedge Insights | Kevin McNew | Views: 256

Overnight Session Shows Dec Corn Up and Soybeans Down

Latest Crop Progress Report Shows Corn is 7 Percent Harvested

In the overnight session the grains were mixed with December corn up 1 cent, November soybeans down ¼ cent and December Chicago Wheat up 2 ¼ cents.

September 18, 2017 | Grain Hedge Insights | Kevin McNew | Views: 421
September 15, 2017 | Grain Hedge Insights | Kevin McNew | Views: 384

Weekly Cash Comments

Weekly Cash Commentary for week ending 09/15/2017

Grain basis was mixed throughout the country as the convergence of old-crop/new-crop marketing seasons begins to cause some shifting patterns in basis. On the week, US average corn basis was fractionally higher while soybeans lost 3 cents a bushel.

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