April 2016


Corn Report, 04/29/2016

Friday, April 29, 2016

The much larger corn export number of 2.16MMT gave the market a solid run up to $3.9075 on the CK before settling at $3.87. Combine this with the USD making new contract lows yesterday, and Brazil still dry with cool temps we are finally giving the complex a little fundamental gas this week. The... Learn More →


Morning Grain Comments, 04/29/2016

Friday, April 29, 2016

Soybean volume is rebounding this morning after a week and a ha lf of volume/OI losses, but values a re range-bound; nearby corn, on the other hand, continues its persistence towards the psychological l $4/bu level... FranceAgriMer reported a 3% drop in French soft wheat condition ratings this... Learn More →


Morning Grain Comments, 04/28/2016

Thursday, April 28, 2016

A dolla r plunge this morning (coming mostly a t the hands of a surprise decision by Japan’s Centra l Bank) is at least underpinning commodity values, but that hasn't stopped corn and beans from trading on the low side; current cool and wet conditions aren’t the most favorable to newly planted... Learn More →


Morning Grain Comments, 04/27/2016

Wednesday, April 27, 2016

General Market News · Murray Goulburn top exec Gary Helou resigns after profit downgrade http://goo.gl/71Dvux · Fonterra supports new digital channel and cream grouping from GDT https://goo.gl/9DKTLm · Chobani to give employees a 10 % stake in company http://goo.gl/mxW9LM · Test finds Chernobyl... Learn More →


Morning Grain Comments, 04/27/2016

Wednesday, April 27, 2016

Western hemisphere weather forecasts today are split for the bulls and the bears; U.S. rains are interrupting planting but great aiding Plains wheat and drying up for the corn belt next week, while S.A. rains don’t look as beneficial for stressed BRZ corn but it’s finally drying up for ARG harvest.... Learn More →


Corn Report, 04/27/2016

Wednesday, April 27, 2016

Corn continues its surprising rally as we built off Monday’s gains and topped out yesterday at $3.83 before settling at $3.8225. Beans continue to give support to the whole complex as US corn planting has been slowed a touch this week with rains but is still well above average pace, and the trade... Learn More →


Wheat Report, 04/26/2016

Tuesday, April 26, 2016

Wheat was mixed overnight on beneficial weather expected over the next couple weeks, as corn and soybeans were the leaders in the rally to start the week. The U.S. winter wheat crop improved to 59% g/e over the last week vs 57% LW, with improvements in all seven to the major HRW states as rain... Learn More →


Morning Grain Comments, 04/26/2016

Tuesday, April 26, 2016

It was looking like a tame overnight session until Dec corn snuck out four cents this morning; we’ll be moving into a slow planting period in the next week but the pace remains ahead overall, and farmers will have zero problems rushing that corn seed into the ground starting again next week.... Learn More →


Argentina Update, 04/25/2016

Monday, April 25, 2016

RAINS: 20-30 MM centre of SANTA FE - Venado Tuerto and surroundings. Between 20-30 mm was average of rains in the south and norhteast región of buenos aires, same as SE Cordoba. Big harvest progress between Thursday and Sunday. There still talks about 10-15% loss. We maintain our 6 to 8 mill tons... Learn More →


Morning Grain Comments, 04/25/2016

Monday, April 25, 2016

The feed grains have come back to limit losses overnight, but beans never really recovered from opening weakness, continuing the lateweek collapse; fund money continues to rush out of soybeans after they added nearly an estimated 250k net contracts from March 1 through Thursday’s high The CME... Learn More →