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Brazilian corn crop failure brings Chinese demand back into the discussion

by ago_admin | Jul 20, 2021 | Grains, Market Reports

Commodities and equities saw a nice rebound to start the night. All posted gains at the start of the trading session, including soyoil. Gains in soyoil outpaced meal, as has been the case backing oilshare, while wheat prices traded higher as well maintaining recent...

New sales for corn remain about 3 times ahead of last year’s pace

by ago_admin | Jul 16, 2021 | Grains, Market Reports

Prices continue to firm in the overnight session with wheat gaining on corn, and meal on soyoil, for a change. Weekly export sales were not much to get excited about, though wheat sales were the more impressive item. New sales for corn remain about 3 times ahead of...

WASDE arrives as rumors float of China buying break in grains

by ago_admin | Jul 12, 2021 | Grains, Market Reports

It is report day and traders do not expect to see many changes in the numbers, particularly where yields are concerned. The report will factor in the slightly higher acreage data from June 30, and will be released at 11:00 central time. Look for light position-evening...

Bullish Surprise from USDA Rallies Grain Markets

by ago_admin | Jul 1, 2021 | Grains, Market Reports

The USDA report sent prices sharply higher yesterday and the market will need a few days to digest the numbers. Charts did a sharp u-turn from Tuesday morning lows with recent shorts covering on the back of bullish numbers. New money was noted coming into December...

Soyoil Market Down as Demand Stagnates in China & India

by ago_admin | Jun 4, 2021 | Grains, Market Reports

Prices started the PM session in the plus column after breaking down from a higher start yesterday.  Each different weather prediction seems to exist to show us trading range highs and lows.  No doubt that choppy price action equals trading ranges and a halt to...
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