World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The grain and oilseed markets were quiet overnight and again today. Volume was light in corn and soybeans but better than average in wheat. The markets will want to see all the numbers in the 11 January USDA reports that are to be released this Friday before setting any new direction. U.S. equity markets were steady early, but they did rally as the day continued. Crude oil was lower throughout the entire session. There is still optimism that the U.S. and China will reach some sort of accord on trade before 2 March, the deadline for application of another round of tariffs.

  Corn FUTURES Corn futures had another day of insignificant price changes. Weekly export inspections were okay at 900,000 MT, which was not enough to generat...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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