Grain Market Headlines Corn: Higher Friday morning, piggy-backing off the strength…
Daily Grain & Market Weather Update – 09-19-2018
Soybeans: Edge up but remain near 10-year low
Corn: Slightly higher in a quiet start to the day after falling to a new contract low on Tuesday
Wheat: Global wheat prices remain in lock-step Wednesday morning, with European, Australian, and U.S. markets all higher
Daily Grain & Market Weather Update – 07-16-2019
Soybeans: Stuck near 10-year low as trade battle hangs over market
Corn: Down early Monday, coming off of a mostly dry weekend performance in the Corn Belt with
hot temperatures on the western side.
Wheat: Eases after rally on European harvest downgrades
Daily Grain & Market Weather Update – 05-29-2018
Soybeans: Broke lower late in the overnight session on U.S. trade action talk against China
Corn: “Entering the traditional weather market as the U.S. crop develops.”
Wheat: Prices hit 10-month high on weather worries
Daily Grain & Market Weather Update – 03-12-2018
• Soybeans: Hit nearly three-week low on fears for Chinese demand
• Corn: Down early, influenced by lower soybean and wheat prices
• Wheat: Falls for second straight session; continuing to fall back from recent highs even though
the seven-day forecast remains mostly dry for the central U.S. Plains
Tuesday Technicals – Soybean Meal – 2-20-2019
We see Soybean Meal prices trending lower in the near future. This will most likely be accompanied by stories of ASF in China depleting Soybean Meal demand and food price deflation. That will make it very difficult for a buyer to want to extend coverage or make any forward purchases. However, given the our wave count suggesting that this new low will be an intermediate-term, bottom and the fact that prices are in the very low part of the 5-7 year range, this will be the time when the buyer needs to become aggressive. Probability will be in his/her favor and when the trend does change higher, it may be too late.
Tuesday Technicals – Soybeans – 2-12-2019
If we get that next dip in Soybeans below $9.00…
Tuesday Technicals – Crude Oil – 2-5-2019
Since Crude Oil drives so many commodity prices, one…
Potential For Wheat Breakout?
The potential for a wheat breakout to the upside is…
October Cold Storage Report Recap
October Cold Storage Report Chicken up 3.6% on month, 17.3%…