Tag: grain tv
Grain TV: Prep For USDA Crop Report 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 […]
Grain TV: USDA Surprises Push Wheat To Fresh Highs 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. […]
Grain TV: Spring Wheat Catapults To New Highs 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 […]
Grain TV: Basis Popping In Some Regions 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 […]
Grain TV: Sell Off On Improving Crop Weather 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 TV: Market Rally Fizzles 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 […]
Grain TV: Markets Recover on Brazilian Real Rebound 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 […]
Grain TV: Brazil Collapse Sends Beans Lower. More Fallout Ahead? 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 […]
Grain TV: US Garners Egypt Wheat Deal 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. […]
Grain TV: Canary in The Grain Market? When New Crop Exports Go Dark 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 […]