TWIG Cast (This Week in Grain)

This week will be a slower one from a macro data release stand point, but February WASDE will be released on Thursday which should be the focus of all 4 row crops we cover.

This week will be a slower one from a macro data release stand point, but February WASDE will be released on Thursday which should be the focus of all 4 row crops we cover.

Good morning friends Corn (H17)  369’4   -‘2 Soybeans (H17) 1062’0  -5’2 Chi Wheat (H17) 429’2    +1’0 KC Wheat  (H17)  441’4   -1’4 Cotton (H17) 73.80   +.76 CBOT Markets are slightly lower this morning after little volume in the Sunday night session, while ICE cotton trades higher- led by front  month March’s push toward 74 cents.… Read more.

Good morning friends Corn (H17)  370’0     +3’6 Soybeans (H17) 1067’6   -2’4 Chi Wheat (H17) 428’0   +’4’6 KC Wheat  (H17)  446’6   +1’4 Cotton (H17) 72.94   +.25 CHECK OUT THE AUDIO BELOW FOR COMMENTARY Trade ideas: -New trade idea- I would look to sell some September corn around 3.95.  It kinda feels like Dec 17… Read more.

Good morning friends Corn (H17)  362’0  +3’4 Soybeans (H17) 1061’2   +15’0 Chi Wheat (H17) 430’0   +4’0 KC Wheat  (H17)  451’2    +2’2 Cotton (H17) 72.54   +.27 Anytime I leave for a vacation, I always expect chaos in the markets.  While “chaos” may be a little heavy of a term for the recent price action, the… Read more.

Welcome to 2017! Corn (H17)  352’4   +’4 Soybeans (H17) 1001’2    -2’6 Chi Wheat (H17) 410’0  +2’0 KC Wheat  (H17)  419’0  +’4 Cotton (H17) 71.58   +.93   So far, the overnight price action in 2017 has been quiet at the CBOT and a little bullish in cotton as we get the year started. The currency price… Read more.

Good morning and Merry Christmas friends, Corn (H17)  346’2   -1’0 Soybeans (F17) 993’2   -‘2 Chi Wheat (H17)  399’4    -1’0 KC Wheat  (H17)  409’2  unch Cotton (H17) 70.34   +.021 CBOT prices were quiet in the overnight, soybeans making a little news breaking below it’s 100 day MA and then retracing.  Soybeans have some… Read more.

Good morning friends Corn (H17)  349’2   -1’0 Soybeans (F17) 1008’0  +2’4 Chi Wheat (H17)  401’4    -1’6 KC Wheat  (H17)  410’2   -2’2 Cotton (H17) 69.70  +.37 CBOT markets were quiet in the overnight, corn and wheat traded with little enthusiasm while new crop soybeans traded up a few pennies in an attempt to get back… Read more.

Good morning friends Corn (H17)  354’6   -1’4 Soybeans (F17)  1025’6  -11’0 Chi Wheat (H17)  410’6   +1’4 KC Wheat  (H17)  417’6    +3’0 Cotton (H17) 70.85   -.82 CBOT session started this holiday week (the holiday is next week, but the volume will reflect this week as well) on a sour note in soybeans and cotton,… Read more.

Good morning friends Corn (H17)  357’2  +’6 Soybeans (F17)  1032’2   +3’2 Chi Wheat (H17)  408’0 -1’2 KC Wheat  (H17)  411’0  -1’6 Cotton (H17)  71.22   -.45 CBOT markets were very slow last night while cotton markets opened slightly lower and remain so into the 7 am hour. Cotton and beans had impressive days yesterday given… Read more.

Good afternoon friends Corn (H17)  362’0  +1’0 Soybeans (F17)  1023’6   -4’2 Chi Wheat (H17)  418’0   +’4 KC Wheat  (H17)   420’0   +4’6 Cotton (H17) 71.47    -.57 It has been risk off since the Fed announcement at 1:00 central. Dec 17 cotton failed again at 70 cents, closing closer to 69 cents. The equity… Read more.

Good morning friends Corn (H17)  360’0   -‘4 Soybeans (F17)  1034’2  +3’0 Chi Wheat (H17)  415’6   -1’4 KC Wheat  (H17)   413’6  -1’0 Cotton (H17) 72.14   +.45 Overnight price action was slow on the CBOT, but over on the ICE exchange in cotton a breakout appears to be something the market wants to try. Its… Read more.

Good morning friends Corn (H17)  358’0   -1’4 Soybeans (F17)  1037’6  +’2 Chi Wheat (H17)  408’6  -7’6 KC Wheat  (H17)   407’0   -6’4 Cotton (H17) 71.32   +.32 Overnight price action was weak across the board in CBOT markets, with only cotton and bean oil higher on my screen this morning.  Crude oil will start the… Read more.

Good afternoon friends Corn (H17)  359’4   +6’0 Soybeans (F17)  1037’4   +10’4 Chi Wheat (H17)  416’2   +8’6 KC Wheat  (H17)   413’4  +8’6 Cotton (H17) 70.80  -.62 WASDE was uneventful for the CBOT markets, with slight raises in world carryovers being observed. Cotton production was raised slightly, which brought the carryout higher as well.  The… Read more.

Good afternoon friends Corn (H17)  355’0 +1’4 Soybeans (F17)  1031’6  +4’6 Chi Wheat (H17)  408’2   unch KC Wheat  (H17)   404’6  -6 Cotton (H17) 71.24   -.18 Corn and wheat markets were quiet in the overnight trading within 1% of yesterday’s close.  Soybeans had a little more volatility but an early evening selloff has been erased… Read more.

Good morning friends Corn (H17)  348’0  +’6 Soybeans (F17)  1040’6  +13’4 Chi Wheat (H17)  406’2   +2’0 KC Wheat  (H17)   433’4   +1’0 Cotton (H17) 71.35   +.31 The story today is already developing for my friends over in Europe. I don’t pretend to be an expert on Italian politics but the PM of Italy has… Read more.

Good afternoon friends Corn (H17)   347’2 +4’6 Soybeans (F17)  1027’4  -2’2 Chi Wheat (H17)  404’2 +8’2 KC Wheat  (H17)   408’6  +5’6 Cotton (H17) 71.04   +.14 GREEN day at the CBOT for corn and wheat after a tough week of trading for the feed grain markets. Beans closed just around unchanged. If the pattern from early… Read more.

Good morning friends! Corn (H17)   343’2  -5’2 Soybeans (F17)  1029’6 -2’4 Chi Wheat (H17)  395’4 -7’2 KC Wheat  (H17)   402’4  -7’6 Cotton (H17) 70.83 -.75 Market action was TOUGH again for corn and wheat bulls.  The rally we saw the day after first notice day in September didn’t happen. It was bloody across the board in the grain… Read more.

Good morning friends! Corn (H17)    349’0     +’4 Soybeans (F17)  1036’0 +3’2 Chi Wheat (H17)  404’0  +1’2 KC Wheat  (H17)   411’0 +1’0 Cotton (H17) 71.25   -.33 Check out the audio comments for commentary this morning. Ill be back in the afternoon with more written words, if that is your speed. Here’s to… Read more.

Good morning friends! Corn    348  -1’6 Soybeans  1018’6   -1’4 Chi Wheat   407’2   -3’0 KC Wheat    413’0   -1’4 Cotton (H17) 71.72   -.57 CBOT markets saw further upside price action that had January soybeans testing their October highs near 10.31 before falling apart and trading negative this morning on profit taking in Europe.  December corn… Read more.

Good afternoon friends! Corn    349’6   +4’2 Soybeans  1020’2   +26’4 Chi Wheat   410’2   +2’2 KC Wheat 414’4  +’6 Cotton (H17)  72.29   -.03 Soybeans took the lead in today’s start to the holiday shortened weak closing up more than 2% as commodities are catching some wind in the proverbial sail. Corn and wheat came… Read more.

Good afternoon friends! Corn 341’4  +4’2 Soybeans  989’4    +5’2 Chi Wheat   399’0  +5’0 KC Wheat  405’4    +2’6 Cotton  70.69   +1.79   CBOT markets were slow today, little news flow kept things tight.  I suspect it could be this way for a while.  KC-Chi wheat spreads contracted which probably meant short covering. I… Read more.

Good morning friends! Corn 338’6   +1’4 Soybeans  984’4    +’2 Chi Wheat   397’0  +3’0 KC Wheat  405’4    +2’6 Cotton  70.20   +1.41   December cotton futures took off this morning as we head into delivery. December cotton futures are now above 71 cents followed by March trading above 70.25.  The key uptrend line that has… Read more.

Good afternoon friends! Corn 337’2    -3’0 Soybeans  984’2   -1’6 Chi Wheat   394’0   -9’0 KC Wheat  402’6   -7’4 Cotton  68.90    +.46   Feed grain markets were on the run today as “high supply” doesn’t appear to be meshing well with “higher interest rates”.  That is probably a lazy correlation but one has… Read more.

Good morning friends! Corn 343’4  +2’6 Soybeans  1015’4   +17’2 Chi Wheat   410’6   +4’0 KC Wheat  413’4    +3’2 Cotton  69.02    +.73 Commodities are up across the board, trading with a post election euphoria that many we’re not expecting. The Hillary folks have to be shocked that stocks are trading at all time highs after… Read more.

Good afternoon friends! Corn 340’6  -13’4 Soybeans  991’0  -20’2 Chi Wheat   406’6 -8’4 KC Wheat   410’2  -7’2 Cotton  68.29   -.46 WASDE was released this afternoon amidst a rally in the commodity markets (have you seen copper?) and was taken as bearish by the trade in corn, beans and cotton.  Wheat did not have much new… Read more.

Good morning friends! Corn 351’2  -3’0 Soybeans  1007’6  -3’4 Chi Wheat   411’6  -3’4 KC Wheat   413’2   -4’2 Cotton  68.48     -.27     Grain markets were relatively quiet compared to the massive moves being seen in the bond and equity markets.  The markets knew the result of this thing at 8 pm central last… Read more.