Monthly Archives: August 2015

Weakness in the Chinese Stock Market Has Pushed Commodities

Good morning. Weakness in the Chinese stock market has pushed commodities in general lower during the overnight and early morning hours. China’s Shanghai composite index closed about 1% lower after being 3% lower at one point . The Dollar is slightly lower this morning. Trading volume overnight was significantly less than was seen during the nighttime sessions last week. Deliveries against the September contracts included 90 corn contracts with a date of 9/4/2014; 310 Chicago wheat (7/17/2015), 6 oats, and

Grains and Soybeans are Modestly Higher This Morning In Quiet Trading

Good morning. Grains and soybeans are modestly higher this morning in quiet trading. The Chinese stock market rallied again overnight which is lending more support to commodities. Warmer and dry conditions forecast for the Midwest next week are also helping to push soybeans higher. Portions of the Western Midwest received rainfall overnight and the rains will slowly push east through tomorrow although the system is expected to weaken as it moves father east. Rainfall coverage in the Eastern Midwest through