Tag "grain tv"
Grains started weaker overnight and continued the trend throughout the day. Soybeans managed to score some slight gains while corn and wheat sunk lower. The weather outlook is favorable for key wheat regions, which is weighing down on the market.
Overnight gains were unable to hold as markets moved lower throughout the day with feeble attempts at rallies. The Brazilian soybean crop continues to show strong promise, pressuring prices with expectations of heavy export competition. Brazil’s second safrina corn crop
Grain markets started the day to the downside but managed a recovery in fairly sluggish trade and ended with slight gains. Moisture is expected to move into the Plains but is unlikely to reach most of the dry areas in
Soybeans lead markets to the downside today, though supportive export news brought corn up to slight gains while soybeans managed to push off the daily lows.
Follow-through selling weighed on grains through most of today’s session. There was a slight bounce back at the end of the day but not enough to offset daily losses. Heavy rains in South America could cause harvest problems and some
Choppy trade as soybeans and corn marked time ahead of tomorrow’s USDA reports. Little buying interest and resistance to any late day rallies resulted in a down day. France announced an increase in expected old crop stocks of wheat while
Australia has forecast a substantial decline in the country’s wheat production in 2017, providing some support for the wheat market. Slow farmer sales in Brazil are limiting exports and adding some support to prices. Corn and soybean export inspections came
Today was a day of consolidation with slight gains in corn and wheat and marginal losses in soybeans. There was little news to influence the market today. Kevin discusses the current weather forecasts for the next 3 months which looks
Grains moved lower, though recovered slightly off the daily lows. Analyst forecasts for South America’s corn and soybean crops were raised, while exports were dismal for new crop sales. Old crop corn sales were also disappointing, while soybeans and wheat
Grain markets posted strong gains despite a lack of news. After yesterday’s rumors of possible changes to the RFS by the Trump administration, speculation remained today that an announcement from the White House might come down the line later.