Morning Market Insight

Zach Harry
Grebner Terminal
Grain Marketing Specialist

 
Corn- Up 2
Corn sees a little bit of an up tick on the overnight as Sept corn was trending toward contract lows. Overall US weather conditions remain favorable as the Midwest hits the home stretch and rains help to fill out the kernels. Dec to March is showing around a 12-13 cent carry in the market.

Soybeans- Up 4
Although soybeans are in the positive overnight, they have been on a downward trend for quite sometime and it appears as though we aren’t making any progress currently with the China trade. Nov to March is showing around a 26-27 cent carry in the market.

Wheat- Up 11
Wheat sees a good gain in the overnight as it is up 11-12. US harvest across the northern plains seems to be wrapping up and hitting the home stretch. The world wheat demand remains strong and the overall world supply looks tight. Sept to Dec on spring wheat is showing around a 23 cent carry.

 
 

Past Morning Market Insights

    September 21st Insight
    September 21st Insight
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