谷物Steady in the Overnight

Alert: Grain Markets close at noon central time on July 3, 2014.

U.S. grain markets are trying to find bottom today, two days after the June USDA report sent markets sharply lower. Coming into the morning trade break, we have corn down 2 cents, soybeans off a penny, and Chicago wheat down a cent. Old-crop soybeans are again taking ground on the new crop, with August up 4 cents.

玉米贸易商将在中央时间9:30观看今天的乙醇粉碎报告。通过飙升的原油价格，乙醇的产量在6月中旬达到了创纪录的水平，并且一​​直是旧农作物玉米市场的支持故事。韩国人和台湾人都发行了一夜之间的招标。考虑到现在的玉米作物现在评价为75％至优异，因此需要通过出口销售和国内使用数量来帮助任何授课的力量。

Yesterday Egypt's state grain buyer bought 240,000 tons of Romanian and Russian wheat on an international tender, providing little support for U.S wheat. U.S wheat was offered on the high side of the price range at $259/metric ton while Romanian and Russian wheat was offered nearly $7 cheaper. Of the reported offers, the French wheat was the most expensive, at $262.37/metric ton.

August soybeans found some technical support after it touched briefly on its 200-day moving average at 1304. August, which is now the front month for soybeans sold off 48 ¼ cents on Monday following the report as stocks showed 27 million more bushels on hand June 1 than analysts were expecting.

—Cody Bills