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Midday Comments: 11/25/2020

Nov 25, 2020

Led by wheat, grains have reversed Tuesday gains & more on Wednesday in thin. pre-holiday trading.  

Midday Comments: 11/24/2020

Nov 24, 2020

Led by wheat, grain futures have erased Monday night losses as concerns about Southern US Plains dryness & lack of rain in South America are supporting prices.  

Midday Comments: 11/23/2020

Nov 23, 2020

Bouyed by continued dry weather in South America, grains have maintained Sunday night rallies on Monday with corn finding resistance near 2-week highs & soybeans holding below $12.00, but wheat moving back above $6.00. 

Midday Comments: 11/19/2020

Nov 19, 2020

Corn & soybeans trimmed overnight losses, but wheat extended its downtrend during Thursday's regular trading session.  Rain in Mato Grosso put grains on the defensive, but weekly export sales were supportive for all but wheat this morning.

Midday Comments: 11/18/2020

Nov 18, 2020

Soybeans have led corn & wheat higher on Wednesday with dry weather in South America & strong Chinese demand underpinning prices.  The recent rally is stressing profitability for end-users. 

Midday Comments: 11/16/2020

Nov 16, 2020

Grains recovered from early session weakness to close higher on Monday with strong soybean export & crush data underpinning prices. 

Midday Comments: 11/13/2020

Nov 13, 2020

Grains have rebounded on Friday, partly reversing Thursday's COVID-related selloff. Corn & beans will post gains for the week, but wheat are headed for weekly losses. .  

Closing Comments: 11/11/2020

Nov 11, 2020

Corn & wheat retrace part of Tuesday's post-WASDE run-up, but soybeans extended its gains on Wednesday as traders continue to bet on higher US bean exports & smaller South American soy production. 

Midday Comments: 11/9/2020

Nov 09, 2020

Soybeans were solidly higher, corn was slightly higher & wheat was moderately lower on Monday as traders positioned for Tuesday's USDA crop production & supply-demand revisions. 

Midday Comments: 11/6/2020

Nov 06, 2020

Corn & soybeans ended mixed on Friday with nearby contracts showing the most weakness, while wheat prices were on the defensive as markets consolidate after the midweek rally.  

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