By: Dan Hueber – The power of the TWEET. If just a few short years ago I would have written that the soybean market just posted what may be the largest weekly rally in over a year due to a tweet, you may have thought that I had spent a…
Commentary
Grain and Cattle Recap
By: Jeff Kaprelian and Patrick McRae – Grains finished solidly higher today. We were trading higher heading into the day session, but a tweet sent by President Trump at about 9:10 this morning accelerated the move by giving soybeans a huge lift. He said: January soybeans went from 854’0 to…
Free Commentary
By: Dan Hueber – Hopeful ideas of a resurgence in corn and bean export demand were somewhat dashed at 7:30 central this morning with the release of the weekly export sales. We did post improvement over the previous week but keep in mind, those figures were terrible. The one exception…
Daily Comments
By: Dan Hueber – Hopeful ideas of a resurgence in corn and bean export demand were somewhat dashed at 7:30 central this morning with the release of the weekly export sales. We did post improvement over the previous week but keep in mind, those figures were terrible. The one exception…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished mixed with corn and wheat lower and soybeans higher. News was more of the same in that nothing significant came into the picture today. Technical action coupled with harvest pressure were the main themes across the wires. We did have the weekly EIA report…