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Cattle On Feed On Feed: 98% vs 98.4% estimatePlaced: 89% vs 92.0% estimateMarketed: 88% vs 88.7% estimate Report is slightly friendly compared to pre-report estimates.

Friday’s day session gets underway with mixed expectations. After a mostly softer night trade, grains went out with a mixed morning close. Some of today’s trade will be positioning ahead of the next two weeks, with possible short-covering developing in soybeans and wheat. Corn is maintaining its strength on the week as ethanol margins remain…

Corn maintained strength overnight on rumored Chinese buying interest. This morning’s grain trade had the morning session, and with corn again leading the strength, followed by HRW wheat. Soybeans were steady. Export sales numbers this morning were solid, with corn at 1.792 MMTs and soybeans at 1.106 MMTs. Corn continues to impress not only with…

Spec trade: Buy a second March corn at the MKT, 439.4 last with a 429 stop on both.

Corn leads overnight recovery bounce. Meanwhile, metals continue to soar. The grain trade managed a slight bounce in the overnight session, as crude oil rallied $1.00 off yesterday’s lows on renewed Russian oil sanction talks if they do not accept the current peace agreement. By morning, the advances were limited to fractional gains or losses with…

Spec trade: Utilize a flat stop at 504 on long wheat trade, cancel the 515 stop close. The wheat trade melted down today on the news that China washed out on its November SRW wheat purchase. This will likely have put in a washout low, which wheat is very good at doing. Also wheat has…

Wheat continues on retreat despite further attacks on Russian oil infrastructure. Putin is quiet about any retaliation, even though he threatened it weeks ago. Overnight futures trade was narrowly mixed, with grains trending slightly lower while soybeans posted modest gains. As expected, much of this movement stems from end-of-month, quarter, and year positioning. With this…

Soybeans find a steady start to the morning for the first time in two weeks. Corn and soybeans are trading narrowly mixed in the overnight session, while wheat is facing a bit more selling pressure. News flow remains light and is expected to stay that way through much of the week. Today brings the November…

Corn is set to close steady to better on the week, while wheat and soybeans are lower. The grain trade is softer this morning, despite what would’ve been considered productive closes yesterday in corn and wheat, especially after wheat closed positively yesterday after the Rosario Grain Exchange raised its wheat estimate to 27.7 MMTs. This…

Grains find buying interest overnight. Corn, soybeans, and wheat traded higher overnight as selling interest remained limited. While fundamentals continue to offer support, recent sessions have struggled to attract consistent buying. Export demand, however, is showing signs of improvement. Multiple U.S. sales were reported yesterday, including flash sales and additional smaller deals. A weaker U.S….