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feed-grains soy-oilseeds wheat

Market Commentary

Other than Plains weather, overnight grain and soy markets had little on which to trade. Weather models keep reducing the amount of moisture and shifting the coverage of the widely-advertised weekend rains further east. Much of Kansas will apparently receive less than a half-inch or be missed entirely. Moreover, there is a growing threat of dust storms and wildfires for Colorado and western Kansas. Thus, winter wheat contracts were a bit higher overnight, but corn and soybeans were little changed. The uncertainties of the U.S. trade conflict with China continue with the latter hitting U.S. grain sorghum with import duties and the U.S. Trade Representative’s announcement regarding the specific Chinese imports next on the U.S. target li...

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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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