by Brian Schad | Feb 25, 2016 | Grain Complex, Grain Futures, Grain Markets, Wheat Futures
Wheat futures are finding temporary support with the word out today that farmers are cutting back on their wheat sowings due to prices reportedly having the outlook of falling back to what they were a decade ago. Wheat futures are up .03 cents today currently trading...
by Brian Schad | Feb 10, 2016 | Corn Futures, Grain Futures, Grain Markets
Corn futures seem to lack any strength with plentiful global supplies and now a new report out of Argentina suggesting its going to be another boom year for corn production there. Corn futures ended the day down three-quarters of one cent to just above $3.60 per...
by Brian Schad | Feb 4, 2016 | Corn Futures, Grain Futures, Grain Markets, Wheat Futures
Grain markets are reacting to one the worst droughts on record in South Africa causing a reported 25% slump in corn and wheat grain output this year. Grain futures – both corn & wheat – are both trading down today at the Chicago Board of Trade. The...
by Brian Schad | Feb 3, 2016 | Grain Futures, Grain Markets, Soybean Futures
Soybean futures have much global inventory to unload, but in Argentina there is a reported 12M ton supply that isn’t exactly flying off the selves because farmers there are holding out. Soybean futures are down .11 cents today currently trading just above $8.75 per...
by Brian Schad | Feb 2, 2016 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures did an about-face downward today after it was revealed the country of Egypt – the world’s top wheat importer – is refusing grain shipments with a “zero-tolerance” policy over a fungal residue that causes hallucinations if ingested in...
by Brian Schad | Jan 26, 2016 | Corn Futures, Grain Futures, Grain Markets
Corn futures may be projecting demand as a major bank declares domestic corn sowings will remain steady with last year’s thanks to appealing economics. Corn futures are up .02 cents at this time currently trading at $3.715 per bushel at the Chicago Board of Trade....
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