By: Dan Hueber – The USDA did manage to provide a surprise for the corn market yesterday giving bulls a nice shot of adrenaline. Just for fun I went back and looked at comments and estimates prior to the September reports to see what was anticipated versus reality seeing that…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished mixed with corn and soybeans higher and wheat lower after today’s USDA report. Let’s get right into the numbers… The USDA cut corn production on a reduced yield of 180.7 bushels per acre. That was right on our estimate of 180.6, but lower than…
Free Commentary
By: Dan Hueber – The grain markets were overshadowed by the panic selloff in the equities trade yesterday but after spreading across the globe last evening, those market appear to have settled down a bit. That said, there is no denying that this was the most severe sell-off since February…
Daily Comments
By: Dan Hueber – The grain markets were overshadowed by the panic selloff in the equities trade yesterday but after spreading across the globe last evening, those market appear to have settled down a bit. That said, there is no denying that this was the most severe sell-off since February…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Just a short recap today as we wait for tomorrow’s WASDE. Grains finished lower across the board as the corrective pullback continues. Today’s setback can be blamed on the oversold posture of the market’s we’ve been talking about as well as the need for short-term traders…