Soybeans Start the Week in Positive Territory
Ideal Harvest Conditions this past Weekend
Soybeans started the week in positive territory posting double-digit gains and at one point hitting the $9.99 mark in the night session. Corn and wheat were slumping however.
Weekly Cash Comments
Weekly Cash Commentary for week ending 10/21/2016
Corn and soybeans were off yet again but potentially nearing a bottom.
Export Sales Well Above Range of Trade Expectations
Chicago Soybeans Post Third Week of Gains
Chicago soybeans were set to post a third week of gains today after strong demand underpinned prices of the oilseed and offset pressure from a record US harvest and a rising dollar.
Corn and Soybean Futures Rise for a Second Session
Crude Oil Rise to a 15-Month High on Wednesday
Chicago corn and soybean futures rose for a second straight session on Thursday as favorable demand news helped curb supply pressure from an advancing US harvest that is tipped to bring in record crops.
Big Rally for Soybeans Yesterday
Grains Mixed in the Overnight
Grains were mixed overnight with limited action in the trade.
Minimal Signs of Recovery for Soybean Basis
Grains in Negative Territory
Crude Oil Holds on to Positive Gains
Grains were in negative territory to start the day. In outside markets, equity futures were sharply higher going into the morning trade session while crude oil also was holding onto positive gains.
Can Soybean Demand Sustain the Rally?
Grains on a 3 Day Roll of Advancing Prices
Crude Oil Modestly Higher
Grains started the week higher trying to make 3 days in a row of advancing prices. In outside markets, crude oil was modestly higher while the US dollar index was holding solid gains going into the morning trade session.
Soybeans Face Heavy Upside Resistance