Chinese hopes support soybeans overnight. The overnight trade had soybeans maintaining strength from yesterday’s strong close on hopes of a Chinese breakthrough with the President. Trump’s recent comments that soybeans are at the top of his list currently, alongside other affected minerals, such as rare earth minerals, in his discussions with the President. Xi of…
Soybeans lead overnight gains. Grain prices spent most of the evening higher, with wheat and corn eventually turning slightly softer at the end of the morning session, while meal posted solid gains on further yield reports that continue to diminish. Also, Farm Journal conducted a survey and found that disease in dry conditions was very…
Can weekend harvest pressure cool the recent corn rally? Cattle futures set for lower opening. Grain futures are trading firmer again this morning, which runs counter to expectations given the strong harvest pace across much of the country. What’s driving the market higher is a steady stream of yield reports showing corn and soybean crops…
Grains remain soft this morning. 🟢 Soybeans Higher, Corn Mixed, Wheat WeakerSoybeans posted solid overnight gains while corn futures traded mixed and wheat softened. The strength in soybeans continues to be tied to improving demand signals, while wheat futures remain under pressure from global supply competition. Fundamentally, not much has changed across the grain complex,…
Grains remain soft this morning. 🌾 Morning Market Outlook Corn, soybeans, and wheat are all trading lower to start the day, with soybeans leading the declines. The tone is being set by escalating tariff tensions between the US and China. The US is planning to impose a $50.00/metric ton fee on China-related vessels beginning tomorrow….
The morning grain trade is in retreat. Outside markets reversed course overnight, with the ag sector joining the broader retreat. Soybeans and wheat are under the most pressure, as both markets are digesting fresh news. In soybeans, the focus remains on tightening U.S. supply and demand fundamentals. New crop ending stocks are already projected to…
The morning grain trade is in retreat. Outside markets reversed course overnight, with the ag sector joining the broader retreat. Soybeans and wheat are under the most pressure, as both markets are digesting fresh news. In soybeans, the focus remains on tightening U.S. supply and demand fundamentals. New crop ending stocks are already projected to…
Positive outside market influence helps stabilize grains. The overnight markets reacted positively to Pres. Trump’s comments on Sunday, stating that there are still three weeks to work things out, and he thinks Pres. Xi is an honorable man and will want to work out a deal to avoid a depression in his country. This had…
Peace settlement in the Middle East has oil prices under pressure, pulling ethanol and soybean oil lower. Futures are under pressure this morning, with soybeans leading the decline. The primary driver is escalating trade tension between the United States and China. Starting next Tuesday, the US plans to impose new charges on China-linked vessels, reportedly…
The Russian winter wheat area is likely to be reduced. This morning we have a firm wheat market while soybeans and corn softened a bit. In the outside markets several of them are seeing profit-taking from their massive early week strength in the metals. Today would’ve been the October 9 WASDE Crop Production report but…
