Monthly Archives: November 2016

Gulf Soybeans Showed Sign of Life Yesterday

Good morning. Grains and soybeans are posting gains this morning, as strong crude oil gains are supportive.  The CZ/CH spread has firmed overnight as there were no corn deliveries. There were 2 Chicago wheat deliveries and 814 Kansas City wheat deliveries as well as 3 soymeal and 1315 soyoil. Gulf soybeans showed a sign of life yesterday as Dec/Jan values jumped 2 to 4 cents. Gulf corn was also firmer. Needed rainfall fell across the southern states yesterday


Dollar Is Firmer and Crude Is Sharply Lower

Good morning. Corn and soybeans are lower this morning as the bean rally has at least temporarily taken a breather following seven straight higher sessions that pushed SF 70 cents higher. A set-back seems overdue. The Dollar is firmer and crude oil is sharply lower. Malaysian palm oil was lower today. Chinese corn and soybean futures were higher today while soyoil was lower. The USDA will release its 10 year baseline projections this morning about 10 AM. The