Rumors continue about new export demand, with hopes of Chinese new-crop buying. Grain Overview The grain trade firmed substantially overnight, fueled by continued rumors that China may soon purchase new-crop US beans and by potentially lower tariffs that will encourage purchases of corn and wheat. Also, France is experiencing a severe heat wave that is…
Rumors continue about new export demand, with hopes of Chinese new-crop buying. Grain Overview The grain trade firmed substantially overnight, fueled by continued rumors that China may soon purchase new-crop US beans and by potentially lower tariffs that will encourage purchases of corn and wheat. Also, France is experiencing a severe heat wave that is…
Wheat catches a bit overnight while soybeans give up Monday’s gains on crude oil weakness. Grain Overview The grain trade is mixed this morning, as weakness overnight was tied to crude oil slipping below Monday’s levels, with grains also absorbing soybean and corn ratings that had showed a 1% improvement while spring wheat was up 3%….
The US and Iran are to sign an MOU on Friday if it holds together. And then it’s only a 60-day agreement. Grain Overview Just ahead of market openings last night, it was announced that Iran and the US came to MOU agreement that for some reason, (which can allow for revisions and arguments this week)…
The market is toying with the hopes of an Iran/US MOU that could get signed this weekend in Geneva. Grain Overview Grain futures came under light pressure overnight as improving geopolitical sentiment combined with beneficial rainfall across portions of the Corn Belt. Energy markets led the weakness, with crude oil falling by more than $3.50…
USDA WASDE Crop Report 6/11/26 The report was friendly for new crop wheat and slightly negative for corn.
The USDA takes another crack at guessing demand in today’s WASDE report. Grain Overview The overnight grain trade ended mixed ahead of today’s June WASDE crop report out at 11:00 a.m. CDST. The report is typically a non-event, but today, fresh news could prompt price action. Demand is the factor in the June report, and…
The USDA takes another crack at guessing demand in today’s WASDE report. Grain Overview The overnight grain trade ended mixed ahead of today’s June WASDE crop report out at 11:00 a.m. CDST. The report is typically a non-event, but today, fresh news could prompt price action. Demand is the factor in the June report, and…
Overnight, Pres. Trump flips from a deal within days, to we may have to strike Iran again. Grain Overview The grain trade rose overnight, with wheat leading the recovery. Monday has proven to be another significant low point for the grain trade, prompting a recovery (reflex) rally. This rally was accentuated at 6:00 a.m. CST…
Corn and soybeans continued their bounce overnight after massive support levels were hit on Monday. Grain Overview Wheat and corn futures are seeing mild strength this morning, as the freefall in grain values for the last two weeks came to an end on Monday (wheat mostly on Friday), and the basketball bounce is at hand….
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