Soybeans and Wheat Higher in the Overnight
Soybeans and wheat were higher overnight while corn continued to drift lower in the night session. In outside markets, stock futures were lower while oil tried to recover from sharp losses on Monday.
Grains were mostly listless in Monday's trade with the Columbus holiday providing no...[Read More]
Any Incentives for Beans to Buck the Current Trend?
Grains Sluggish in the Overnight
Grains were sluggish overnight with only soybeans showing significant movement, gaining 5 cents in the night trade. Corn and wheat were mostly unchanged in the overnight.
Friday’s USDA report did little to change the mood in the markets, as only modest changes in US supply had little...[Read More]
Beans Struggle to Find Direction
Weekly Cash Comments
Grain basis was unchanged this week for both corn and soybeans as flat futures prices and slow farmer selling during harvest keep the markets mostly in check.[Read More]
Grains Recovered some losses in the Overnight
Grains recovered some of their losses overnight as traders await the latest USDA crop supply and demand forecasts released later this morning at 11 am CDT. In outside markets, crude oil rallied above the pivotal $50 a barrel mark for the first time since July, while S&P futures were up...[Read More]