Meetings in DC today between US-China negotiators. USDA export sales fantastic for corn and beans, weak for cotton
This Week In Grain
Markets pulling back from a green overnight trade. Another ASF case was found in South Korea. Fears of feed grain demand losses mount
Its a full moon, Friday the 13th and the US-China trade talks are turning “positive”…buckle up
WASDE was bullish for soybeans, bearish for corn and cotton. The market cares little right now though, its a buy day for macro reasons.
CBOT markets are lower, cotton slightly higher as we are now one day out from the September WASDE
Good Riddance To August- Ag Markets Finish Out the Summer on Lows
Corn and beans see follow through buying while wheat continues to pressure May lows in KC and Minny. Cotton export sales were flat
Quiet night at the CBOT for feed grains, soybeans give back yesterday’s gains. Cotton cant buy a rally amidst falling conditions.
Below is a sample of Thursday morning’s This Week in Grain newsletter. Click here to sign up for our free daily grain report email. Hello grain traders, I expect markets to stay right here for most of the day after the early selloff, probably retracing a bit to the upside in wheat ahead of tomorrow’s… Read more.
US grain and oilseed markets exploded higher last night on the open following the G-20 meetings over the weekend leaving price gaps everywhere you look. The meeting appears to have been a success as the message has been spun as positive by both sides.