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Heavy rain in France, the EU’s largest wheat producer, has added to worries about global wheat export supplies

by ago_admin | Aug 10, 2021 | Grains, Market Reports

Prices are mixed overnight with corn prices lower on better -than -expected ratings, and a poor inspections report yesterday that suggests exports may not achieve USDA projections. Beans are firmer on a steady rating, but drier conditions moving into the following...

Markets continue to digest yield guesses while continuing to look for signs of export activity

by ago_admin | Aug 6, 2021 | Grains, Market Reports

Prices were mixed to begin the PM session but turned higher by the morning. The markets continue to digest all the yield guesses while continuing to look for signs of export activity. China has been around the corn and bean markets with a bean business announcement...

Grain prices are lower across the board on slightly better than expected crop ratings for beans

by ago_admin | Aug 3, 2021 | Grains, Market Reports

Prices are lower across the board on slightly better than expected crop ratings for beans. Corn crop ratings were actually 2% lower, but did not avoid a pressurised sell-off courtesy of the soy complex. Bull spreads continue to weaken on quiet nearby demand for beans...

Wetter weather and end-of-week profit-taking dominates price action

by ago_admin | Jul 30, 2021 | Grains, Market Reports

Prices are lower on first notice day for August futures. Wetter weather and end-of-week profit-taking dominates price action. Oilshare sees profit-taking, while other spread trade strengthens. Grains: Corn prices rally but lack conviction, with ideas that funds may...

Firmer tone in grain markets on worse than expected crop progress ratings

by ago_admin | Jul 27, 2021 | Grains, Market Reports

Overnight prices were firmer on the technical reversal from yesterday and lower than expected crop progress ratings. Chartists and technicians see the reversal in bean trade as constructive, and Monday night features follow-through. Beans gained on corn, meal gained...

Rumor mill has China looking at US Beans and Wheat

by ago_admin | Jul 23, 2021 | Grains, Market Reports

Prices are mixed this morning with higher oilshare and soyoil and firm wheat, vs. weaker beans, meal, and corn. Traders were busy unwinding previous oilshare values this week on the back of the Administrations delay to defining biofuel mandates, but that correction...
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