Recent Equities Analysis
Market Commentary
Overnight markets finished with slight losses in corn and wheat but minor gains in soybeans on very light trading volume. Today’s session saw wheat make some 4-5 cent gains early with corn and soybeans lower. There was a report that President Trump and President Jinping will try to meet j...
Market Commentary
Markets were lower overnight following yesterday’s declines, and they slipped a bit more after the weekly export sales report was released 15 minutes before that session closed. Corn and soybean exports sales were much lower than expected, but wheat sales were at the high end of the expec...
Market Commentary
Price action in overnight trading and again during the day session can best be described as dull. Volume was low, and price movement was subdued. The corn market managed to trade a 3-cent range on both sides of Tuesday’s close before the December contract settled down a penny with most de...
Market Commentary
What Monday giveth, Tuesday taketh away – a colloquial way of saying that for grain and soy markets, today was Turnaround Tuesday. After Monday’s stout price rally, the turnaround began during the overnight session. Soybeans and corn traded quietly and mostly lower, while wheat trad...
Market Commentary
Markets were very quiet in the Sunday night session and closed with fractional losses in extremely light volume. Their tone changed at this morning’s opening with soybeans trading 5-7 cents higher as the soy complex led today’s rally. Corn and wheat followed, and no one was certain...
Market Commentary
Markets were steady to slightly higher overnight with wheat the leader. However, wheat softened after the export sales report that was released today (delayed by the 8 October holiday) showed those sales were a little lower than last week. Meanwhile, corn and soybean export sales were also slig...
Market Commentary
Overnight trade volume was limited as the market awaited release of USDA’s October WASDE. Corn and wheat were a penny or so lower with soybeans down 4-5 cents, which all tracked with expectations of a bearish report. When the report came out at noon (EDT) today, the immediate conclusion w...
Market Commentary
Fear of the impact of higher interest rates sent the U.S. stock market and nearly every commodity market spinning lower today. And as traders contemplate tomorrow’s October WASDE, they are well aware of the bearish tone of the August and September WASDEs. The assumption is that the Octobe...
Market Commentary
Grain and soy markets slumbered through the overnight session with the October WASDE two days away. There was little movement in wheat and corn prices, and soybeans traded mostly lower in limited volume. Market watchers generally expect the WASDE to show a slight increase in the corn and soybea...
Market Commentary
The Sunday night session traded slightly higher until prices turned lower early this morning, led by wheat. Markets then opened the day session lower and turned weaker, probably for the following reasons: Rains will be heavy across much of the Corn Belt over the next three to four days, but th...
Market Commentary
It was a quiet trading session overnight. Corn, soybeans and wheat were all slightly higher with closing gains of a penny, 2 cents and 2-3 cents, respectively. The week ended with Washington (and the rest of the country) watching the Senate’s Supreme Court vote today. The monthly U.S. job...
Market Commentary
Low volume, narrow trading ranges and slightly firmer prices characterized trade in the overnight session for grains and the soy complex. The heavy rains due over the Plains and parts of the Corn Belt will restrict harvest progress with country movement already limited enough that corn premiums...
Market Commentary
Overnight markets finished with slight losses in corn and wheat but minor gains in soybeans on very light trading volume. Today’s session saw wheat make some 4-5 cent gains early with corn and soybeans lower. There was a report that President Trump and President Jinping will try to meet j...
Market Commentary
Markets were lower overnight following yesterday’s declines, and they slipped a bit more after the weekly export sales report was released 15 minutes before that session closed. Corn and soybean exports sales were much lower than expected, but wheat sales were at the high end of the expec...
Market Commentary
Price action in overnight trading and again during the day session can best be described as dull. Volume was low, and price movement was subdued. The corn market managed to trade a 3-cent range on both sides of Tuesday’s close before the December contract settled down a penny with most de...
Market Commentary
What Monday giveth, Tuesday taketh away – a colloquial way of saying that for grain and soy markets, today was Turnaround Tuesday. After Monday’s stout price rally, the turnaround began during the overnight session. Soybeans and corn traded quietly and mostly lower, while wheat trad...
Market Commentary
Markets were very quiet in the Sunday night session and closed with fractional losses in extremely light volume. Their tone changed at this morning’s opening with soybeans trading 5-7 cents higher as the soy complex led today’s rally. Corn and wheat followed, and no one was certain...
Market Commentary
Markets were steady to slightly higher overnight with wheat the leader. However, wheat softened after the export sales report that was released today (delayed by the 8 October holiday) showed those sales were a little lower than last week. Meanwhile, corn and soybean export sales were also slig...
Market Commentary
Overnight trade volume was limited as the market awaited release of USDA’s October WASDE. Corn and wheat were a penny or so lower with soybeans down 4-5 cents, which all tracked with expectations of a bearish report. When the report came out at noon (EDT) today, the immediate conclusion w...
Market Commentary
Fear of the impact of higher interest rates sent the U.S. stock market and nearly every commodity market spinning lower today. And as traders contemplate tomorrow’s October WASDE, they are well aware of the bearish tone of the August and September WASDEs. The assumption is that the Octobe...
Market Commentary
Grain and soy markets slumbered through the overnight session with the October WASDE two days away. There was little movement in wheat and corn prices, and soybeans traded mostly lower in limited volume. Market watchers generally expect the WASDE to show a slight increase in the corn and soybea...
Market Commentary
The Sunday night session traded slightly higher until prices turned lower early this morning, led by wheat. Markets then opened the day session lower and turned weaker, probably for the following reasons: Rains will be heavy across much of the Corn Belt over the next three to four days, but th...
Market Commentary
It was a quiet trading session overnight. Corn, soybeans and wheat were all slightly higher with closing gains of a penny, 2 cents and 2-3 cents, respectively. The week ended with Washington (and the rest of the country) watching the Senate’s Supreme Court vote today. The monthly U.S. job...
Market Commentary
Low volume, narrow trading ranges and slightly firmer prices characterized trade in the overnight session for grains and the soy complex. The heavy rains due over the Plains and parts of the Corn Belt will restrict harvest progress with country movement already limited enough that corn premiums...