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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.  

Midday Comments: 11/05/2020

Nov 05, 2020

Soybeans led corn & wheat higher on Thursday morning as strong weekly export sales data & ongoing dry weather concerns fueled supply worries & encouraged inventory building by export customers. 

Midday Comments: 11/4/2020

Nov 04, 2020

Corn is little changed, soybeans are soaring higher & wheat is moderately lower on Wednesday as traders react to election results, Census Bureau export data & supply-demand uncertainty.

Midday Comments: 11/3/2020

Nov 03, 2020

Corn & beans recover MOnday's losses & wheat ends slightly higher as global financial markets rally ahead of US election results.  

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