Grains Bounce on Light News
Grains took another bounce higher today as fundamental news remains light. Today we discuss the technical outlook and ethanol production on GrainTV.
Light NOPA Crush Helps Beans Move Lower
Today we discuss a weak NOPA crush number on GrainTV and the technical landscape for November soybeans.
Grains Move Another Leg Higher
Corn and soybeans moved another leg higher today. Today we discuss the move and what prices may offer resistance to further gains. Crop progress was released after the closing bell, showing corn and soybean pace still lagging.
Mycotoxin Report:October 13
We are happy to announce the release of our new Monday Mycotoxin Report app for iPhone and Android users. If you would like to download the app and get weekly notifications of our videos, visit http://NeoMycoReports.mobapp.at
If you would like to participate in our report, please contact us at 1-800-234-5333 to learn how to get involved.
To learn more about Neogen's integrated myxotoxin monitoring program, visit http://www.neogen.com/FoodSafety/pdf/
USDA Sends Corn and Soybean Futures Lower
Today we discuss the October USDA report, released this morning at 11:00 AM central time. First glance made this report look neutral to slightly bullish relative to trade expectations.
Corn/Beans Drift Higher Into USDA Numbers
Corn and Beans again closed in the black today in a quiet upward trade. Today we discuss wheat technicals and expectations for tomorrow's USDA report.
Breaking Dollar Helps Grains
The dollar index made at technical break from the uptrend observed since August today. This helped corn and wheat close in positive territory while soybeans closed moderately lower.
Soybeans Take a Break After Pushing $9.55
Today we discuss the soybean market in detail and what traders are expecting out of the October 10th USDA report.
Today we discuss the sell off in soybean futures and what corn producers expecting an insurance payment can do if they are worried about an October price rally. Tune in for the full report!
Weekly Cash Comments
Soybean futures continued to erode this week giving up 14 cents a bushel while corn found modest strength in a 3 cent advance. In the cash market, basis movements were fairly muted this week with US average corn basis gaining 1 cent a bushel while soybeans added 2 cents to the US average...[Read More]
Huge Corn Sales Surprise the Market
In the overnight, soybeans and wheat traded lower slipping 5 ¾ and 5 ¾ cents respectively, while corn stayed mostly unchanged increasing by ¼ cent. The export sales report was very supportive for corn, neutral for wheat and bearish for soybeans which missed analyst expectations by a...[Read More]
Difficult for Corn and Soybeans to Find Traction
Will Ethanol Production Stay Ahead of Pace
In the overnight session the grains traded slightly higher with corn up 3/4 of a cent, soybeans up 3 1/4 cents and wheat up 3 ¾ cents. Soybeans are trading at $9.87 ½ just below $9.91 which is the low side of the sideways range it traded in since late October. The low side of the range...[Read More]
River Basis Shows Strength
Wheat Jumps in Early Morning
Grains are mixed in the overnight session with corn down ¾ of a cent, soybeans up 1 ½ cents and wheat up 7 cents after a sharp selloff over the last 20 days helped U.S. wheat gain some competitiveness on the global market. Also helping wheat is the accusations out of Kiev that Ukrainian...[Read More]