Grain and Oilseed Reports

full access – Subscription
5 days - € 06 mos. - € 20 / mo.12 mos. - € 15 / mo.

Registration / Subscription

Morning Comment

Two-sided session yesterday in the US, Soybeans ended sharply up in the end: +24.00 cents. Corn also rebounded closing up +4.50 cent. Strong export inspections probably triggered more short covering. Wheat purely followed, ending up +7.75 cents in Chicago, +7.50 cents in Kansas, +4.50 cents in Minneapolis.

Morning Comment

Friday was still in digestion mode after the USDA WASDE, there’s a lot of risk off as short bets, even if right, would pay off in a few weeks time if not months are good news will now come from plantings and winter weather.

Morning Comment

Let’s cut it short, those days are just about the USDA WASDE, the day of the month the fundamentals matter… Or not!

Morning Comment

Weak day again as Soybeans closed down -10.75 cents, Corn -1.75 cents, Wheat -4.50 cents in Chicago, -3.25 cents in Kansas and -1.75 cents in Minneapolis. On the other side of the Pond, no exception, market was also very weak with MATIF Milling Wheat down -€0.75 and London Feed -£1.95.

Morning Comment

Dull Monday with Soybeans up 0.75 cent and Corn down -1.75 cent. Only wheat was a bit more active, ignoring the scaremongering coming from Australia and Russia and ended down -7.00 cents in Chicago, -6.75 cents in Kansas and -2.25 cents in Minneapolis.

Grains Commentary

A relatively quiet Friday apart on Soybeans as they rebounded +9.75 cents. They seem to continue their technical retracement after visiting sub 820 cents levels last month.

Mid Session Comment

Typical week Friday, buyers had left for the week-end already! Soybeans moved down -9.50 cents, Corn -8.50 cents, Wheat -4.00 cents in Chicago, -6.00 cents in Kansas and -7.50 cents in Minneapolis.

Mid Session Comment

Market moved down -14.25 cents on Corn yesterday, surprised by the extent of the US yield increase. Wheat moved down -12.00 cents in Chicago, -16.00 cents in Kansas and -10.25 cents in Minneapolis. On the other side of the Pond, London Feed was down -£1.35 and MATIF -€1.75.

Morning Comment

Friday’s session was interesting on MATIF Wheat as the usual scams and manipulation have come back in force on the U8 expiry with U8 being down -€17.75. A few happy guys around, the issue, funnily enough, it’s always the same guys!

Morning Comment

US Labor Day yesterday, markets were closed. To be honest they quite deserved it after a few weeks of being hectic. In Chicago, Soybeans moved down -1.07% during the week, +0.72% for Soybeans and +0.73% for Wheat.