Can Corn Break Through the Overhead Resistance?
Grains were Modestly Lower in the Overnight
Grains were modestly lower overnight following Monday’s strong turnaround in prices. S&P futures were lower while crude oil was higher after Turkey shot down a Russian warplane overnight, increasing global tensions.[Read More]
Key Reversal for Soybeans
Grains Start the Week on a Down Note
Grains started the week on a down note, with soybeans leading the sell-off to the downside while wheat and corn were slightly lower in quiet trade. In outside markets, S&P futures and crude oil were off slightly from Friday’s close.[Read More]
Weekly Cash Comments
Grain basis was mixed this week as soybean basis took a break from its steep incline since harvest to finish the week unchanged, while corn basis continued to press higher advancing 2 cents a bushel.[Read More]
Grains Mostly Lower in the Overnight with Soybeans Leading the Losses
Grains were mostly lower overnight with soybeans leading the losses to the downside. In outside markets, S&P futures were higher while crude oil was under pressure.
Thursday brought a round of unexpectedly good news for grain with USDA reporting that corn, soybeans and wheat posting...[Read More]