FEE Grain Comments


12-02-15

Corn closed lower reversing the trend of the prior two days.....down 3 1/2......dollar was higher and energy lower.....US export program continues to struggle.....soybeans up 3 today and up 20 for the week......dry forecast in northern Brazil is supporting soybean prices


12-01-15

Corn traded higher today on short covering....CH closed up 2 cents......yesterdays EPA announcemrnt on ethanol was mildly bullish....soybeans were up 8 1/4 on a weaker dollar and ongoing dryness in parts of Brazil


11-25-15

Corn closed up 1 3/4 supported by talk that EPA will raise ethanol mandate by 2 to 3%.....funds were buyers of 5000 contracts....soybeans had their best day in over a month ....up 11 1/2.....fund buying was in order with soybeans as well as corn


11-24-15

Corn futures gave back most of yesterday's gains closing down  3 cents.....comfortable ending stocks and slow export demand continue to put a lid on corn prices.....soybeans finished nearly unchanged after trading both siides during the session....technical reversal from yesterday offered some support


11-23-15

Corn closed up 4 today....corn followed soybeans higher....lack of producer selling and the fact that the US is now competitive in the world market helped futures also.....soybeans went from 13 lower to 6 3/4 higher....funds were covering short positions


11-20-15

Corn and soybeans were on the defensive at the close...corn down 1....soybeans down 2.5......farmer selling remains slow....corn basis continues to firm....crude oil down....dollar stronger


11-19-15

Weakness in the dollar combined with better than expected export sales helped corn to higher levels today....CZ up 2 1/2.....soybeans were also higher today on robust export sales....soybeans were up 2 1/4


11-18-15

Corn has traded a limited range this week...today was no exception.....corn was down 0.25 cent.....prices climbed at mid-day but lower soybeans were pressuring the corn market....soybeans down 6 1/4 on ideas that South American weather is improving....a higher dollar also pressured commodities


11-16-15

Corn futures traded both sides but ended up 1 3/4.....a stronger dollar and slack world demand kept a cap on prices....soybeans ended up 4 1/4.... a new soybeans sale to China sparked a little buying interest


10-12-15

Corn traded a quiet session with CZ closing down 0.25 cent....firm basis and end user needs are holding support....soybeans closed up 2 1/4......lack of producer selling is supporting futures at these levels

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