Export Shipments Report March 2

Last week’s wheat export shipments pace was estimated at 12.6 MB. After 39 weeks, wheat shipments were at 76% of USDA’s expectations vs. 70% last year. With 13 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 900 MB. Last week’s corn export shipments pace was […]

Export Shipments Report March 2

Last week’s wheat export shipments pace was estimated at 12.6 MB. After 39 weeks, wheat shipments were at 76% of USDA’s expectations vs. 70% last year. With 13 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 900 MB. Last week’s corn export shipments pace was […]

Wheat Weekly Comments February 27

To start the week wheat opened lower across the board and continued to trade on the defense throughout the night. Mpls and Chicago found strength in the day session, popping to trade on the plus side, but KC did not. KC was able to shake most of its losses but fell short of turning higher. […]

Corn Weekly Comments March 27

Corn started the week by opening the session lower and continued to trade lower throughout the night. Early selling was tied to tariff concerns as there are now more questions than answers since the Supreme Court found the use of IEEPA was illegal. Now the courts are going to be forced to determine if the […]

Soybean Weekly Comments February 27

To start the week soybeans gapped lower at the start of the overnight session and didn’t get back on the positive side until early in the day session. The market then faded for the rest of the session and closed with small losses. Uncertainty after Friday’s Supreme Court ruling against President Trump’s tariffs caused the […]