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Tag "grain tv"

Grain TV: Prep For USDA Crop Report

Grain TV: Prep For USDA Crop Report

πŸ‘€By Grain TV 🕔Jul 11, 2017

Limited news as markets wait for tomorrow’s USDA reports. Brazil raised its corn production estimate while leaving it soybean estimate unchanged. Overnight moisture provided initial pressure to markets before tapering off with the continued hot, dry forecast.

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Grain TV: USDA Surprises Push Wheat To Fresh Highs

πŸ‘€By Grain TV 🕔Jun 30, 2017

Today’s USDA reports showed corn and wheat stocks higher than expected, while soybeans were slightly lower than expected. Acreage caught traders completely off guard with wheat considerably lower than expected. Corn acres moved higher while soybeans declined, opposite trade expectations.

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Grain TV: Spring Wheat Catapults To New Highs

Grain TV: Spring Wheat Catapults To New Highs

πŸ‘€By Grain TV 🕔Jun 13, 2017

Grain markets started the day higher but were unable to hold early strength. The U.S. missed out on another Egyptian wheat tender overnight. Informa estimates higher corn acreage and lower soybean acreage from USDA’s March estimates. A sharp drop in

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Grain TV: Basis Popping In Some Regions

Grain TV: Basis Popping In Some Regions

πŸ‘€By Grain TV 🕔May 26, 2017

With farmers busy in the fields, there hasn’t been much marketing going on which is helping to drive up basis levels. However, don’t expect any sustained strength, as any local shortages are likely to be filled very quickly.

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Grain TV: Sell Off On Improving Crop Weather

Grain TV: Sell Off On Improving Crop Weather

πŸ‘€By Grain TV 🕔May 23, 2017

Positive export news this morning was unable to provide support for grains which drifted lower through most of the day. Weather continues to be the main driving factor in the grain markets. The Brazilian corruption investigation also has the market

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Grain TV: Market Rally Fizzles

Grain TV: Market Rally Fizzles

πŸ‘€By Grain TV 🕔May 22, 2017

Grain markets were higher for most of the day but were unable to hold gains into the close. The market is currently watching weather in the U.S. for planting and development delays. The Brazilian Supreme Court is scheduled to issue

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Grain TV: Markets Recover on Brazilian Real Rebound

Grain TV: Markets Recover on Brazilian Real Rebound

πŸ‘€By Grain TV 🕔May 19, 2017

The Brazilian real stabilized overnight, helping grain markets recover. Soybeans particularly tried to push higher but were limited by a last minute return of selling. Weather delays continue to remain a concern in the forecast. Basis levels moved mostly higher

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Grain TV: Brazil Collapse Sends Beans Lower. More Fallout Ahead?

Grain TV: Brazil Collapse Sends Beans Lower. More Fallout Ahead?

πŸ‘€By Grain TV 🕔May 18, 2017

The collapse in the Brazilian real sent soybeans spinning lower overnight which continued throughout trade today. Export sales were fairly strong for the week, but were overshadowed by the turmoil in Brazil. The drop in the real is likely to

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Grain TV: US Garners Egypt Wheat Deal

Grain TV: US Garners Egypt Wheat Deal

πŸ‘€By Grain TV 🕔May 17, 2017

Wheat got decent buying interest overnight with successful sales in an Egyptian tender. Wheat prices have become much more competitive on the global market which offers support to the market. Weekly ethanol production was up strongly over last week.

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Grain TV: Canary in The Grain Market? When New Crop Exports Go Dark

Grain TV: Canary in The Grain Market? When New Crop Exports Go Dark

πŸ‘€By Grain TV 🕔May 11, 2017

Weak exports started markets off on a weak note this morning. Abysmal export sales were reported for old crop corn and cancellations for new crop corn, while old crop wheat also saw cancellations. Soybeans and new crop wheat came in

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