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The grain trade bucks overnight outside influence, except for strength in energies. Grain markets opened the day on firmer footing, with corn, soybeans, and wheat drawing support from strength in the broader energy sector. That outside influence continues to play a key role in setting the tone, particularly as volatility in fuel markets feeds into…

Crude oil turns higher overnight, as an Iranian oil field is struck After a softer overnight trade, wheat and corn took a positive tone at the end of the night session, with soybeans returning to a mixed result and the bull spread continuing to unwind. The July/Nov bean spread is now $0.20 apart. Brazil’s soybean…

Pres. Trump announces “Celebration of Agriculture” day for March 27 After the broad selloff on Wednesday, futures found their footing overnight, with agriculture joining the steadier tone. Soybeans absorbed the worst of the damage in the previous session, falling hard enough to lock limit, which now widens today’s trading band across the soy complex. That takes…

Spec trade: Buy a July Bean at the MKT, 1177.4 last with a 1169 stop. Take profits at 1196. Potential turn around Taco Tuesday.

KC wheat firm on southern cold temps, soybeans lower as Trump threatens China meeting delay. The grain trade opened lower Sunday night, as Pres. Trump said he would be pressing China to help get the Strait of Hormuz open, and if China would not be helpful, he would likely delay his month-end meeting with Pres….

Consolidating trade of this week’s chaos is the order of the day. It has been quite a week, yet after all the chaos since last week Friday, this morning crude oil shows a gain on the week of $2.00, corn is near steady (new crop is a few pennies higher yet), wheat is softer, while…

Cargill gains headlines on the soybean rally overnight. The grain trade when into the fall recovery mode overnight, led by soybeans. News surfaced yesterday afternoon and reignited what had becoming a problem over the past weekend. Brazilian soybean exports to China are encountering delays after the Brazilian Ministry of Agriculture introduced stricter phytosanitary inspections at…

The grain trade recovers as fertilizer becomes the topic of the day. The grain trade is under full recovery mode after two heavy days of selling after the Sunday night spike rally. The reality is, the Strait of Hormuz remains closed to traffic, which does not help fertilizer movement that is critical at this time…

USDA WASDE Grain Stocks Report 3/10/26 The report was neutral to pre-report estimates, with corn, soybean, and wheat ending stocks mostly unchanged and close to expectations. 

The grain trade finds stability in the overnight session. The grain trade is mixed this morning, with prices within pennies of either side of unchanged. Yesterday’s climactic run in crude oil in the Sunday night session, and the late collapse in the day when Pres. Trump announced that the war would end soon, created weakness…