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Markets started the week off strong, though wheat was unable to hold onto gains. The French election over the weekend pushed the U.S. dollar lower which continued throughout today’s trade. The forecast for the week is fairly wet for the
Soybeans started the day off higher before weakness took over again for most of the day. A late rally helped boost grains off the lows but faltered in last minute trade. Canada’s projected wheat and canola acreage are both both
Wheat selling intensified today, dragging down the rest of the grain complex. Positive weather in key wheat production areas continues to add pressure. A report that corn from South America is making it’s way to the Port of Wilmington in
Grain markets continue to slide lower, though markets managed to cut some losses and close off the session’s lows. The current 2-week weather forecast is very wet around Missouri but much drier in the Western Corn Belt. The longer term
Grain markets continue their bearish, lackluster trade. The Midwest weather forecast shows favorable moisture without expectations for planting delays. Corn and soybeans export inspections were both within expectations while wheat came in well above expectations.
Soybeans started the day strongly higher was but was unable to hold onto the daily highs. Exports were disappointing for corn and soybeans, while wheat exports were withing expectations.
Corn and soybeans started the day off positive and stayed strong for most of the day. Taiwan posted a substantial purchase of U.S. corn which provided support. Weather conditions in South America are easing up, suggesting a strong crop equal
Heavy rains in Argentina helped boost soybeans overnight, but weakness in palm oil eroded gains. Flash sales of corn provided some market strength, while a wet Midwest forecast and potential planting delays could provide support going forward.
Markets continue under pressure. Analysts have been ramping up estimates of Brazilian soybean production, well above USDA’s current estimate. Weather for the weekend and the coming weeks looks favorable for planting and crop development. Chinese hog margins and soy crush,
Grain markets started the day with solid gains, but were unable to hold. Markets ended the day positive but well off the session’s highs. Flooding in Argentina helped provide some support for soybeans and may add continued strength moving forward.