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Last week was a rally week for all commodities, both old and new crop grain. However you frame it, the bottom line is this: it's a war rally, and not much else.
We saw higher corn and bean prices last week. May corn was 9 cents higher, while May beans finished the week 17 cents higher. Corn had its best week since the bad news we received in the January S&...
March corn finished 4 cents lower last week, while March beans were 4 cents higher. The corn market continues to deal with too much unpriced old crop corn sitting over the market. The funds are only s...
World supplies remain large, and South America is harvesting what could be a record crop. Last Tuesday’s supply and demand report left U.S. bean carryout at 350 million bushels. That number coul...
If you had been out of communication all last week and regained it Friday afternoon, your first thought might have been, what happened to the bean market?
We saw slightly lower grain prices last week, with March corn down 2 cents and March soybeans finishing 3 cents lower. Both markets tested their resistance levels during the week but failed to break t...
We had a better week on the board, with March corn closing 6 cents higher and March soybeans up 10 cents. Corn found support late in the week as wheat rallied on winterkill concerns tied to extremely ...
By now, everyone has seen or heard the results of last Monday’s WASDE report. If you had predicted what the government was going to release on the corn side and traded ahead of it, you would be ...
I am writing this on Friday, so I do not yet know what Monday’s WASDE report will show. There are plenty of guesses circulating, and someone may end up being right.
Maybe it was a good thing last week was a day short for the trading week. Corn finished the week 12 cents lower, while soybeans lost 27 cents. You can read plenty of commentary on why the markets are ...