Commentary

Grain – Kelley Fornoff It was a rather uneventful day in grains with corn and soybeans both failing into the close. The corn market found support throughout the day after rumors circulated that China was considering buying “at least” 3 MMT of US corn as soon as January. The last…

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By: Dan Hueber – We certainly did not lack news this week.  From supply/demand updates, both here and abroad, to forecasts for crops yet to come, to the actual realization that China will purchase U.S. beans once again, one might have suspected that it would have been a big week…

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By: Dan Hueber – We certainly did not lack news this week.  From supply/demand updates, both here and abroad, to forecasts for crops yet to come, to the actual realization that China will purchase U.S. beans once again, one might have suspected that it would have been a big week…

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By: Jeff Kaprelian – As stated yesterday, this is a “buy the rumor, sell the fact” market. The USDA confirmed sales of 1.13 million metric tons of soybeans to China this morning, but it simply wasn’t enough to satisfy the wants of the market. Soybeans fell 13’0 in January to…

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By: Dan Hueber – The talk has now turned into action as it has been confirmed that China has purchased 1.13 MMT (41.53 mil. bu.) of soybeans from the U.S., the first purchase of substance since tariffs were enacted back in July.  As rumored, the purchases were made by the…

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