Relatively Steady Stuff — This Week in the Grain Markets

by

Opinion

Grain markets this week were mostly lower as complex continued to trade sideways. They faltered on Friday with a strong US employment data report and poor US export sales from last week. US corn sales dropped 22% from the week previous, wheat export sales were down 85%, and soybeans were down 69% week-over-week to a marketing year low! That being said, basis for corn and soybean has been relatively steady to higher, supporting cash prices. While managed money covered a lot of wheat shorts last week, there was expectation more of that could happen this week (and it appeared to…

Register to continue reading

Join the RealAg Community

Create a FREE account to access exclusive content, get access to invite-only webinars and, while supplies last, we’ll send you a RealAg Koozy!

  • Focus your experience on RealAgriculture.com by managing your shortcuts and commodities
  • Favourite articles to save for later reading
  • Manage your newsletter subscriptions
  • Comment on articles (restricted to members only)
  • Did we mention the free RealAg Koozy?!

Login Register

Login








Register

Please register to read and comment.

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register