close [X]
August 26, 2013 | Grain Hedge Insights | | Views: 892

Soybean Basis Drops After Sharp Rally in the Futures Market

Corn basis improved 3 ¼ cents on average supported by tight stocks and a less dramatic rally in the futures market

Soybean basis dropped sharply, falling 25 cents throughout the country. The explosive rally in the futures market helped increase farmer selling causing grain buyers to back off old crop basis. Corn basis improved 3 ¼ cents on average throughout the country supported by tight stocks and a...

[Read More]
August 19, 2013 | Grain Hedge Insights | | Views: 930

More Basis Volatility in the Grains

The national average corn basis slipped 2 cents this week while soybeans pushed 8 cents higher

Cash market volatility continued this week as tight near-term supplies combined with an outlook for ample production in the coming months keep buyers moving basis erratically. For the week, corn posted an average gain of 2-cents a bushel, while soybeans were up 8 cents on average.

In the corn...

[Read More]
May 06, 2013 | Grain Hedge Insights | | Views: 988

Corn Basis Finds Strength From Ethanol

Corn, soybean basis rebounded this week

Both corn and soybean basis levels found strength this week as tight farmer selling and the prospects of a late harvest next fall push basis levels up. Spot corn basis was up 2 cents a bushel while soybean basis climbed nearly 4 cents a bushel for the week.

In corn, basis levels at ethanol...

[Read More]
April 29, 2013 | Grain Hedge Insights | | Views: 953

Grain Basis Slips

Flooding along the Illinois river continued to negatively impact basis across the U.S this week.

Cash grain markets felt pressure this week from river flooding and the inverse carry in the futures market. For the week, US average corn basis slipped 3 cents a bushel while average spot soybean basis was off 2 cents a bushel.

Flooding along the Illinois River left many grain elevators shut...

[Read More]
March 19, 2013 | Grain Hedge Insights | Elise Schafer | Views: 1050

Basis Along River Ticks Lower

Average soybean basis across the US was down 1 cent on account of declining river markets, while corn basis remained unchanged on the week.

Average soybean basis across the US was down 1 cent on account of declining river markets, while corn basis remained unchanged on the week.

Soybean plants gained one cent on the week but weakness along the river pulled basis lower throughout the country. Soybean basis at the gulf dropped 3...

[Read More]
March 10, 2013 | Grain Hedge Insights | Jackie Roembke | Views: 986

Corn and Soybean Basis Stalls

Corn and soybean basis was mixed across the United States this week with some river terminals showing positive basis gains while others terminals declined

Corn and bean basis were stagnate this week showing no change on average across the country over the past week.

At the Gulf, corn basis found modest strength of 4 cents a bushel but river terminals along the river were mixed. Areas south of St Louis have seen basis retreat while areas along...

[Read More]
February 25, 2013 | Grain Hedge Insights | Jackie Roembke | Views: 967

Bean Basis Softens on Price Rally

Average soybean basis slipped a penny in response to this weeks bean rally; corn basis firmed amid lackluster price action

Soybean basis lost one-cent a bushel on average across the country this week, while corn basis managed to post a modest one-cent gain for the week.

Gains in corn basis were most notably tied to ethanol plants, which saw a 2-cent gain over the last week. Ethanol margins continue to improve off...

[Read More]
February 01, 2013 | Grain Hedge Insights | Jackie Roembke | Views: 978

Weakening Gulf Basis Weighs on Soybeans

U.S corn and soybean basis diverged this week as soybean basis slumped in the face of corn strength.

Corn and soybean basis moved in opposite directions this week as farm soybean sales picked up and weakening Gulf bids pushed basis lower. For the week, corn basis was up 2 cents a bushel while soybean basis lost 2 cents a bushel.

For corn, basis levels were firmer by 3 cents a bushel at...

[Read More]
January 20, 2013 | Grain Hedge Insights | Jackie Roembke | Views: 1198

Basis Levels Stagnant on Futures Rally

U.S. average soybean basis levels unchanged on the week as futures prices climbed following the January WASDE, and Grain Stocks report.

Both corn and soybean basis levels saw limited movement this week, as futures markets climbed on renewed concerns about short supplies. For the week, U.S. average corn and soybean basis were unchanged.

In the corn market, higher than expected feed use reported in last week’s USDA report cut...

[Read More]
January 08, 2013 | Grain Hedge Insights | Jackie Roembke | Views: 1165

Soybean Basis Jumps while Corn Stays Sluggish

Soybean basis saw double-digit gains in many parts of the country, while lackluster export demand kept corn basis improvements modest

Soybean basis saw double-digit gains in many parts of the country this week as strong export bids and falling barge freight helped push basis levels higher. For the week, U.S. average soybean basis was up 4 cents a bushel while corn

Spot soybeans rose sharply on the river system this week,...

[Read More]

Page 161 of 163 pages ‹ First  < 159 160 161 162 163 > 

Related Articles