Latest News From Brian Grete

First Thing Today | March 18, 2024
First Thing Today | March 18, 2024

Corn and wheat futures posted mild gains amid corrective buying overnight, while soybeans weakened following earlier strength.

First Thing Today | March 15, 2024
First Thing Today | March 15, 2024

Corn, soybean and wheat futures held in relatively tight ranges during light, two-sided trade overnight.

IGC expects record global grain, soybean production in 2024
IGC expects record global grain, soybean production in 2024

The International Grains Council released its initial projections for 2024-25

First Thing Today | March 14, 2024
First Thing Today | March 14, 2024

Soybeans extended their recent corrective gains during the overnight session, while wheat traded lower and corn favored the downside in two-sided trade.

Midweek Cash Markets | March 13, 2024
Midweek Cash Markets | March 13, 2024

Basis slipped a little for corn, soybeans and SRW wheat as cash prices firmed.

First Thing Today | March 13, 2024
First Thing Today | March 13, 2024

Soybean futures retreated from Tuesday’s gains during overnight trade, while the corn and wheat markets have weakened after two-sided price action earlier in the session.

First Thing Today | March 12, 2024
First Thing Today | March 12, 2024

Soybeans extended Monday’s declines overnight, while corn and wheat pulled back from yesterday’s gains.

First Thing Today | March 11, 2024
First Thing Today | March 11, 2024

Corn, soybeans and wheat pulled back from Friday’s corrective gains during the overnight session.

First Thing Today | March 8, 2024
First Thing Today | March 8, 2024

Grain trade was light overnight ahead of USDA’s March crop reports later this morning.

Modest improvement in farmer sentiment, yet financial concerns loom
Modest improvement in farmer sentiment, yet financial concerns loom

February’s Farm Financial Performance Index reading of 85 was 1 point lower than January and 13 points below its most recent peak in December.

First Thing Today | March 7, 2024
First Thing Today | March 7, 2024

Corn futures built on Wednesday’s gains overnight, while soybeans and wheat also firmed amid corrective buying.

Midweek Cash Markets | March 6, 2024
Midweek Cash Markets | March 6, 2024

Corn and soybean basis weakens on the rollover to May futures.

First Thing Today | March 6, 2024
First Thing Today | March 6, 2024

Wheat futures faced followthrough selling during the overnight session, while corn and soybeans held near unchanged in quiet trade.

First Thing Today | March 5, 2024
First Thing Today | March 5, 2024

Corn, soybean and wheat futures pulled back from Monday’s price gains during the overnight session.

Monday Morning Wake Up Call | March 4, 2024
Monday Morning Wake Up Call | March 4, 2024

Corn, soybeans and wheat are off to a strong start. Livestock futures open the week under light selling pressure...

First Thing Today | March 4, 2024
First Thing Today | March 4, 2024

Corn and soybeans traded higher amid corrective buying overnight, while the winter wheat markets favored the downside and spring wheat was mixed.

First Thing Today | March 1, 2024
First Thing Today | March 1, 2024

Soybean futures posted corrective gains overnight, while the corn and wheat markets favored the downside in light trade.

First Thing Today | February 29, 2024
First Thing Today | February 29, 2024

Corn and soybeans favored the downside and are near session lows this morning, while wheat is mostly weaker.

Midweek Cash Markets | February 28, 2024
Midweek Cash Markets | February 28, 2024

Basis firms for both corn and soybeans but remains slightly below average.

First Thing Today | February 28, 2024
First Thing Today | February 28, 2024

Corn and soybeans are trading near unchanged this morning after light two-sided trade overnight, while wheat futures have weakened.

HRW crop ratings rise again in February
HRW crop ratings rise again in February

HRW crop continues to rebound from a rough start last fall.

First Thing Today | February 27, 2024
First Thing Today | February 27, 2024

Soybeans firmed amid followthrough buying overnight, while corn and wheat mildly favored the upside is light trade.

Monday Morning Wake Up Call | February 26, 2024
Monday Morning Wake Up Call | February 26, 2024

Soybeans are firmer with corn and wheat under pressure to start the week. Cattle futures open the week under pressure with lean hogs also lower...

First Thing Today | February 26, 2024
First Thing Today | February 26, 2024

Corn, soybeans and wheat traded lower overnight, with nearby corn and soybeans falling to new contract lows.

Cattle on Feed Report: Placements fall less than expected
Cattle on Feed Report: Placements fall less than expected

Placements declined from year-ago levels for a third straight month – a trend that will continue.

First Thing Today | February 23, 2024
First Thing Today | February 23, 2024

Corn, soybeans and wheat firmed amid corrective buying during the overnight session.

First Thing Today | February 22, 2024
First Thing Today | February 22, 2024

Wheat futures led a round of corrective buying in the grain markets during overnight trade.

Midweek Cash Markets | February 21, 2024
Midweek Cash Markets | February 21, 2024

Cash hog prices gained strength in the seasonal rebound.

FOMC minutes: Fed worried about cutting rates too soon
FOMC minutes: Fed worried about cutting rates too soon

Fed fund futures continued to reflect the greatest odds for a Fed rate cut starting in June, with three or perhaps four reductions by year-end.

First Thing Today | February 21, 2024
First Thing Today | February 21, 2024

Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.

Evening Report | February 20, 2024
Evening Report | February 20, 2024

Top stories for Feb. 20, 2024

Monday Morning Wake Up Call | February 20, 2024
Monday Morning Wake Up Call | February 20, 2024

Corn, soybeans and wheat are favoring the upside to start the week. Cattle futures are choppy with lean hogs pointed higher...

First Thing Today | February 20, 2024
First Thing Today | February 20, 2024

Soybeans built on last Friday’s gains during overnight trade, while corn and wheat followed to the upside amid corrective buying.

First Thing Today | February 16, 2024
First Thing Today | February 16, 2024

Corn and soybeans posted corrective gains overnight, while wheat faced followthrough selling.

Extended forecast favorable for rapid spring planting
Extended forecast favorable for rapid spring planting

The extended forecast suggests spring planting should advance rather rapidly and favors early crop development.

USDA's initial projections for 2024-25
USDA's initial projections for 2024-25

The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.

First Thing Today | February 15, 2024
First Thing Today | February 15, 2024

Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.

Midweek Cash Markets | February 14, 2024
Midweek Cash Markets | February 14, 2024

Basis remains weaker than average for corn, soybeans and wheat.

Ahead of the Open | February 14, 2024
Ahead of the Open | February 14, 2024

Grain and soy markets are expected to open under solid pressure this morning after weak trade overnight.

First Thing Today | February 14, 2024
First Thing Today | February 14, 2024

Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.

First Thing Today | February 13, 2024
First Thing Today | February 13, 2024

Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.

Monday Morning Wake Up Call | February 12, 2024
Monday Morning Wake Up Call | February 12, 2024

Corn and soybean futures are higher with wheat futures under pressure. Cattle and hog futures start the week working higher...

First Thing Today | February 12, 2024
First Thing Today | February 12, 2024

Corn and soybean futures firmed amid mild corrective buying overnight, while wheat traded lower.

First Thing Today | February 9, 2024
First Thing Today | February 9, 2024

Corn faced followthrough selling overnight, while soybeans more than erased Thursday’s gains and the wheat market was mixed.

First Thing Today | February 8, 2024
First Thing Today | February 8, 2024

Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.

Midweek Cash Markets | February 7, 2024
Midweek Cash Markets | February 7, 2024

Basis turned slightly negative for corn and soybeans despite a big drop in cash prices.

First Thing Today | February 7, 2024
First Thing Today | February 7, 2024

Corn futures fell to contract lows overnight, while soybeans posted double-digit losses and wheat followed to the downside.

Weaker commodity prices reduce farmer sentiment
Weaker commodity prices reduce farmer sentiment

Declining prices for key commodities weighed on agricultural producer sentiment in January.

First Thing Today | February 6, 2024
First Thing Today | February 6, 2024

Corn, soybeans and wheat traded in narrow ranges in two-sided price action overnight but have adopted a mostly firmer tone this morning.

Monday Morning Wake Up Call | February 5, 2024
Monday Morning Wake Up Call | February 5, 2024

Corn, soybeans and wheat open the week under pressure. Cattle futures are choppy with lean hogs lower this morning...