Historical articles are made available for reference only.
PM Post - Meal Drags
THE OPEN Nov beans: 5 higher Dec meal: .50 lower Dec soyoil: 35 higher Dec corn: 1 higher Dec wheat: 1 higher The markets opened as called with further strength as traders lifted shorts in beans on the back of a continuing strong soyoil performance. Grains we...
Technical Views - The Upshot
SPREADS Dec crush trades to 1.36c/bu while oilshare trades to new highs at 49.47%. Bean spreads are weaker as November contracts continue to roll forward. Nov/Jan bean carry trades from 11c to 11 1/2c, while Nov 21/22 trades from 1 3/4c to 6 3/4c carry. Nov/March bean spread t...
AM Outlook - Demand Day
GOOD MORNING, Prices were higher at the start of the PM session with beans and soyoil in the lead to the upside. Global vegoil prices remain lock-step in the plus column as energies work to new highs. Canola prices are once again sharply higher on poor Canadian weather. Matif/Canada...
PM Post - Buy Wheat, Sell Corn
THE OPEN November beans: 3 lower December meal: 1.30 lower December soyoil: 25 higher December corn: 2 lower December wheat: 3 lower The markets were called to open higher but funds came out as sellers. Funds continue to adjust positions heading into the October 12 WASDE...
AM Outlook - Trends Intact
GOOD MORNING, Prices opened close to home, higher for soy with some light profit-taking in wheat. All markets are higher heading into the close led by wheat. Minneapolis wheat trades into contract highs, and oats have traded into all-time record highs. Matif wheat made n...
PM Post - Eyeing Next WASDE
THE OPEN November beans: 1 higher December meal: .30 higher December soyoil: 50 pts higher December corn: 3 higher December wheat: 6 higher The markets opened as expected but found selling and a choppy trade. Energies found profit-taking which impacted soyoil...
Technical Views - Rebound Higher
SPREADS Dec crush trades to 1.34c/bu, new highs, while oilshare trades 48.80%. Dec/March corn trades from 8c to 8 1/2c carry while the Dec 21/22 inverse trades from 7 1/2c to 5c. Dec/March wheat trades from 12 1/2c to new lows of 13c. Dec wheat/corn trades from 2.12c dow...
AM Outlook - Congestive, Constructive, Bearish, Friendly
GOOD MORNING, Prices opened fairly close to home with wheat again the firm trade out, and all else mixed to slightly lower. During the PM session, prices firmed around the board led by soyoil. Egypt is in for wheat, and we will see what origin they purchase. Meal is tryi...
PM Post - Soyoil Drives; Grains Relax
THE OPEN November beans: 1/4 higher Deceme meal: 2.00 lower December soyoil: 72 higher December corn: 3 1/2 lower December wheat: 6 1/2 lower It was a bit of turn-around Tuesday as bean prices put in a reversal trade from the lows. Of note was an adjust...
AM Outlook - Macro Pressures
GOOD MORNING, Prices are mixed this morning, lower for everything but soyoil. Soyoil futures followed a strong performance by palm, which jumped to new contract highs, and firmer crude oil which trades closer to the $80/barrel mark. Oilshare is soaring, as Egypt comes to tender for...
Technical Views - Sliding
SPREADS Dec crush trades higher to 1.28c/bu while oilshare firms up to 47.54%. Dec/March corn trades out to 9c from 8 1/2c. Dec 21/22 inverse trades down to 5 1/4C from 7 3/4c. Dec/March wheat widens out to 12c from 11 3/4c. Dec wheat/corn trades from 2.18 1/2c to 2.08 3...
PM Post - Good Inspections
THE OPEN November beans: 7 lower December meal: 1.40 lower December soyoil: 15 higher December corn: 3/4 lower December wheat: 6 higher The markets opened with new highs in wheat helping corn to stabilize, with soyoil futures firmer than expected. Oilshare returns...
PM Post - Meal Drags
THE OPEN Nov beans: 5 higher Dec meal: .50 lower Dec soyoil: 35 higher Dec corn: 1 higher Dec wheat: 1 higher The markets opened as called with further strength as traders lifted shorts in beans on the back of a continuing strong soyoil performance. Grains we...
Technical Views - The Upshot
SPREADS Dec crush trades to 1.36c/bu while oilshare trades to new highs at 49.47%. Bean spreads are weaker as November contracts continue to roll forward. Nov/Jan bean carry trades from 11c to 11 1/2c, while Nov 21/22 trades from 1 3/4c to 6 3/4c carry. Nov/March bean spread t...
AM Outlook - Demand Day
GOOD MORNING, Prices were higher at the start of the PM session with beans and soyoil in the lead to the upside. Global vegoil prices remain lock-step in the plus column as energies work to new highs. Canola prices are once again sharply higher on poor Canadian weather. Matif/Canada...
PM Post - Buy Wheat, Sell Corn
THE OPEN November beans: 3 lower December meal: 1.30 lower December soyoil: 25 higher December corn: 2 lower December wheat: 3 lower The markets were called to open higher but funds came out as sellers. Funds continue to adjust positions heading into the October 12 WASDE...
AM Outlook - Trends Intact
GOOD MORNING, Prices opened close to home, higher for soy with some light profit-taking in wheat. All markets are higher heading into the close led by wheat. Minneapolis wheat trades into contract highs, and oats have traded into all-time record highs. Matif wheat made n...
PM Post - Eyeing Next WASDE
THE OPEN November beans: 1 higher December meal: .30 higher December soyoil: 50 pts higher December corn: 3 higher December wheat: 6 higher The markets opened as expected but found selling and a choppy trade. Energies found profit-taking which impacted soyoil...
Technical Views - Rebound Higher
SPREADS Dec crush trades to 1.34c/bu, new highs, while oilshare trades 48.80%. Dec/March corn trades from 8c to 8 1/2c carry while the Dec 21/22 inverse trades from 7 1/2c to 5c. Dec/March wheat trades from 12 1/2c to new lows of 13c. Dec wheat/corn trades from 2.12c dow...
AM Outlook - Congestive, Constructive, Bearish, Friendly
GOOD MORNING, Prices opened fairly close to home with wheat again the firm trade out, and all else mixed to slightly lower. During the PM session, prices firmed around the board led by soyoil. Egypt is in for wheat, and we will see what origin they purchase. Meal is tryi...
PM Post - Soyoil Drives; Grains Relax
THE OPEN November beans: 1/4 higher Deceme meal: 2.00 lower December soyoil: 72 higher December corn: 3 1/2 lower December wheat: 6 1/2 lower It was a bit of turn-around Tuesday as bean prices put in a reversal trade from the lows. Of note was an adjust...
AM Outlook - Macro Pressures
GOOD MORNING, Prices are mixed this morning, lower for everything but soyoil. Soyoil futures followed a strong performance by palm, which jumped to new contract highs, and firmer crude oil which trades closer to the $80/barrel mark. Oilshare is soaring, as Egypt comes to tender for...
Technical Views - Sliding
SPREADS Dec crush trades higher to 1.28c/bu while oilshare firms up to 47.54%. Dec/March corn trades out to 9c from 8 1/2c. Dec 21/22 inverse trades down to 5 1/4C from 7 3/4c. Dec/March wheat widens out to 12c from 11 3/4c. Dec wheat/corn trades from 2.18 1/2c to 2.08 3...
PM Post - Good Inspections
THE OPEN November beans: 7 lower December meal: 1.40 lower December soyoil: 15 higher December corn: 3/4 lower December wheat: 6 higher The markets opened with new highs in wheat helping corn to stabilize, with soyoil futures firmer than expected. Oilshare returns...