Grains – Jeff Kaprelian Grains fell during a quiet session. Disappointing export inspections helped facilitate the decline. Corn inspections came in at 31.3 million bushels, below the market’s low end estimate of 31.5. This is also well short of the weekly needed pace of 54 million bushels. Year to date…
Commentary
Commitments of Traders Analysis
By: Jeff Kaprelian – Corn Funds increased interest on both sides of the market last week. They added 24,685 new longs and 80,685 new shorts to the net effect of being sellers of 56,000 contracts. Commercials added 28,324 new longs and covered 13,729 shorts. The commercial buying pushed the long-term…
Free Commentary
By: Dan Hueber – Grain and soy market tried to extend the winning streak into another week overnight but appear to have run into a little headwind at this time. That should not be unexpected as we really do not have a tremendous amount of supportive news circulating this morning…
Daily Comments
By: Dan Hueber – Grain and soy market tried to extend the winning streak into another week overnight but appear to have run into a little headwind at this time. That should not be unexpected as we really do not have a tremendous amount of supportive news circulating this morning…
Afternoon Grain and Cattle Recap
Grains – Kelley Fornoff Grains finished the week higher after China’s Parliament announced that they passed a new law today that could further open the door to getting a trade deal done. The law opens China’s market to foreign investment while protecting intellectual property and restricts forced transfers of intellectual…