Heartland Co-op - Grain Commentary

Corn Commentary

Corn Market Fractionally Higher on Better Exports - April 18, 2019

Corn futures closed 3/4 lower to 1/2 cent higher, with the nearby contracts the firmest. USDA’s weekly Export Sales report showed sharply

Corn Market Hovers Around UNCH - April 18, 2019

Corn futures are fractionally lower at midday on scattered reports of planting activity and a warmer forecast for next week. USDA’s weekly

Corn Futures Range Bound Ahead of Export Sales - April 18, 2019

Corn futures are trading steady to a penny higher this morning. They were down 1/2 to 1 cent per bushel on Wednesday. The weekly EIA report showed

Corn Futures Drift Lower Awaiting Export Sales Data - April 17, 2019

Corn futures were down 1/2 to 1 cent per bushel on Wednesday. The weekly EIA report showed ethanol production for the week of 4/12 up 14,000 barrels

Corn Shrugs off Decent Ethanol Data - April 17, 2019

Corn futures are trading 1 to 2 cents lower in most contracts on Wednesday. The weekly EIA report showed ethanol production for the week of 4/12 up

Soybean Commentary

Soybeans Get Boost from Soy Oil - April 18, 2019

Soybean futures settled 1 to 1 3/4 cents higher on position squaring ahead of the 3-day holiday weekend. Meal futures were down $.70/ton but May soy

Soybean Market Creeps Into Positive Territory - April 18, 2019

Soybean futures are fractionally higher on position squaring ahead of the 3-day holiday weekend. Meal futures are down $.40/ton and May soy oil is

Soybean Market Up 1 to 2 Ahead of Export Sales - April 18, 2019

Soybean futures are 1 to 1 3/4 cents higher ahead of the release of the weekly Export Sales report. They were down 7 3/4 to 9 1/4 on Wednesday. Meal

Soybeans See More Selling On Brazil Estimates - April 17, 2019

Soybean futures were down 7 3/4 to 9 1/4 today, following double digit losses on Tuesday. Meal futures are down another $2.60/ton and May soy oil

Soybeans Showing Follow Through Selling from Tuesday - April 17, 2019

Soybean futures are down 7 to 8 3/4 cents at midday, following double digit losses on Tuesday. Meal futures are down $2.50/ton and May soy oil 21

Wheat Commentary

Wheat Market News and Commentary - April 18, 2019

Wheat futures came back from morning weakness but still closed mostly lower. The CHI futures were 2 to 4 cents lower. KC held up better, UNCH to

Wheat Market Still 3 to 4 Lower - April 18, 2019

Wheat futures are trading mostly 4 to 5 cents lower in the CHI and KC contracts at midday, with MPLS spring wheat 1/4 to 1 cent lower. Census trade

Wheat Bulls Still Struggling for Traction - April 18, 2019

Wheat futures are trading mostly 3 to 4 cents lower in the CHI and KC contracts this morning. They were UNCH to 3 3/4 cents higher in the winter

Wheat Posts Modest Bounce From Chart Support - April 17, 2019

Wheat futures were UNCH to 3 3/4 cents higher in the winter wheat contracts on Wednesday. MPLS was also higher by 1/4 to 1 3/4 cents. The 6-10 day

Wheat Futures Trying to Bounce From Chart Support - April 17, 2019

Wheat futures are up 1 to 2 1/2 cents in the winter wheat contracts on Wednesday, after KC saw a few contract lows on Tuesday. MPLS is mixed, with