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January 11, 2023
Grain prices rebound ahead of USDA crop report

Wheat prices yesterday not only tumbled to a new low for the year but took out the December lows, getting exceedingly oversold ahead of the USDA crop report. Buying showed up today on short covering ahead of the data, along with soybeans taking another run at 15.00 but failing to overcome for today.

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January 10, 2023
Vicious grain trade with wheat and soybeans having a $0.25 range

Wheat and soybeans had wide-ranging valuations today, with corn popping over $0.10 at one time. In today's Heartland Market Talk, we discuss what created the craziness.

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January 6, 2023
Friday is the first trading day of the year that grains trade higher

After a three-day beating, soybeans reverse multi-day losses and try to recapture half of the losses created since the December 30 high. Wheat in Kansas City made another new low for the year today and stayed near those lows on the close.

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January 5, 2023
Three days of trading losses to start the new year

Today marks three days of heavy sawing across the board before wheat and corn found a bid by midmorning. In today's Market Talk, we break out what has brought the selling on, along with soybeans' ability to drop over $0.70 since last Friday's high was scored.

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January 3, 2023
Grains hit the skids

Grain futures tumbled today despite forecasts for continuing crop reduction drought in Argentina. We break down why prices broke out to the downside.

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December 29, 2022
Russian wheat supplies pressure US wheat values.

After catching a ride along with corn and soybeans, the upside over the past few weeks, wheat is dealing with the reality that Russia owns the wheat market. The very warm December in the Black Sea area has allowed Russia to go from 2.5 MMTs of export expectations to now exporting 4.5 MMTs wheat enema […]

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December 16, 2022
Russia raises its wheat stocks

Wheat futures struggled all day today as Russia this morning announced their wheat stocks were 35% higher than last year, surprising the trade. It appears Russia will continue to undersell the marketplace. Wheat rallies mostly hinge now on any damage that might ever occur to any of the three ports that are trying to export […]

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December 15, 2022
The holiday markets are getting trade real thin

The wheat market was higher but not before dropping $0.20 during the day off its highs and then came charging back. Markets have thin holiday trade while the soybean market starts to worry about spelling rain in Argentina's future.

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December 14, 2022
Soybeans head back for possibly the best close of the fall move

Soybeans can't shake the concerns of the dry trend in Argentina while Brazil continues to have optimum weather. This is helped soybeans recover back to potential best close of the fall rally.

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December 13, 2022
Big turnaround Tuesday for soybeans after Monday's large price hit

Soybeans experienced a strong recovery today of almost $0.30 at one point, as weather bottles turned back hot and dry for Argentina, while corn and wheat seem to of lost their luster on the Odessa Port export shortfalls which appear temporary

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Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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