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...
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...
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...
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...
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...
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...
