绿草ins drifted lower for most of the night session but got a bump at the end thanks to decent export sales.
绿草in markets were in negative territory to start the day as soybeans continue to trade down to its recent low in the $10.20 area, off 60 cents from its high 2 weeks ago.
绿草ins consolidated overnight following yesterday’s sharp losses in soybeans. In outside markets, the US Dollar was weaker and equity futures continued their slump.
Soybeans were sharply lower overnight posting double-digit losses to start the week. Corn and wheat showed more modest losses of 3 cents ahead of the morning break. In outside markets, equity futures were in negative territory and the US Dollar higher.
绿草ins drifted lower for much of the night but were managing a late-session rally heading into the break. In outside markets, the US dollar was higher and crude oil lower.
绿草ins continued to drift lower overnight but got late-session buying interest from new export sales data. Outside markets saw the dollar reverse course early this morning and move into positive territory as did crude oil.
绿草ins continued lower overnight although managed to curb losses heading into the morning break.
Soybeans turned higher overnight trying to recover from 3 days of losses while wheat and corn were coming into the morning break mostly steady from yesterday’s close.
Soybeans started the week the same way they finished last week, heading lower.
Chicago soybeans slid for a second session on Friday with a strong dollar weighing on prices, although crop-damaging floods in Argentina kept a floor under the market.
Beans took a break from its 4 day rally giving up 6 cents in the overnight. Wheat was also posting modest losses going into the break while corn was fractionally lower.
Beans posted a small loss overnight taking a break from its 3-day rally of over 60 cents a bushel.
In outside markets, the US dollar and equities traded sharply lower while crude oil posted solid gains.
绿草ins resumed their slump overnight following yesterday’s sharp rally in beans and modest bump in wheat prices buoyed by USDA data. In outside markets, crude oil and the US dollar fell in the night session while US equity futures were trying to hold on to slim gains.
Basis levels were mostly unchanged for corn across the US this past week, while soybean basis nudged lower on the late week strength in futures.
Rural America still has major connectivity problems as it trys to participate in the modern age
绿草ins drifted lower overnight ahead of fresh data from USDA at 11 am CDT. Meanwhile, crude oil moved higher while the US dollar was sharply lower in the night session.