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  • Morning Update

    The grain market is still hungover this morning from excessive USDA supply forecasts. Corn, soybeans, and wheat are all under pressure this morning as the market digests yesterday’s USDA reports. Corn is bearing the brunt of selling after the agency added another 1.3 million harvested acres (from less corn silage) and nudged the national yield…

  • Morning Update

    Crop Report out at 11:00 CDST today. Grain futures are solidly higher in overnight trade as managed money rotates back into safe‑haven positions, including commodities. Precious metals are leading the gains, with gold up over $120 and silver climbing nearly $6, reflecting broad risk pricing tied to geopolitical tensions. Markets are grappling with rising uncertainty…

  • Morning Update

    Soybeans recovered overnight, with soybeans and grains trading near the week’s best values. Overnight futures are mixed, with grains under mild pressure while soybeans are seeing moderate strength. Most of this movement continues to stem from pre-report positioning ahead of Monday’s key USDA data release. Trade is also wrestling with conflicting fundamental narratives, especially regarding…

  • Morning Update

    Grains consolidate Wednesday’s gains. Lower production numbers are anticipated for Monday’s crop report. This morning’s grain trade is consolidating yesterday’s strong gains. Export sales data released this morning reflected holiday reductions, while soybeans maintained a reasonable 800,000+ MT in sales, supported by China’s ongoing activity. Position squaring continues ahead of this Friday’s Supreme Court ruling…

  • Morning Update

    Grain prices eat up Turnaround Tuesday’s correction. After yesterday’s rumble and setback into the close, soybeans immediately from the night session opening pushed higher, followed by the grains.  China is likely to be active again in looking for products. The building view is that China may be in for more than 12 million metric tons…

  • Morning Update

    Monday’s strong gains held for the most part overnight, with soybeans gaining further. Grain markets are drifting slightly and are mixed in overnight trade, while soybeans are clinging to modest gains. Yesterday’s rally hasn’t drawn much follow-through, but sellers aren’t stepping in aggressively either. So far, a typical “Turnaround Tuesday” has not materialized.   The…

  • Morning Update

    The first full week of trading brings buying interest into grains. WASDE report next Monday. Corn, soybeans, and wheat are all starting the week with gains as fresh managed money flows back into commodities. Last week’s oversold conditions across the grain complex are drawing in bargain hunters, and with volume returning to more normal levels following…

  • Morning Update

    Happy New Year! Corn and wheat are called firm to start the session, while soybeans are softer. Happy New Year! The grain markets are called steady and firm for corn and wheat, while soybeans are steady and softer on recirculating bean deliveries. Opened firmer this morning, but volume is extremely light. Most traders finished adjusting…