Latest News From Brian Grete

First Thing Today | July 9, 2021
First Thing Today | July 9, 2021

Price action was relatively quiet overnight on a lack of fresh news.

Evening Report | July 8, 2021
Evening Report | July 8, 2021

Traders readying for USDA's Supply & Demand and Crop Production Reports on July 12.

Midweek Cash Markets | July 7, 2021
Midweek Cash Markets | July 7, 2021

Corn and soybean basis both pull back after last week's surge.

Spring wheat CCI rating continues to plunge
Spring wheat CCI rating continues to plunge

The corn CCI rating inched higher, while the soybean reading slipped.

Monday Morning Wake Up Call | July 6, 2021
Monday Morning Wake Up Call | July 6, 2021

Grain and soy futures opened under hefty pressure on weekend rains. Fat cattle futures are under pressure as lean hogs firm.

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Midweek Cash Markets | June 30, 2021

Corn and soybean basis surges on the rollover in contracts, but cash prices also soar.

Spring wheat CCI rating continues to fall
Spring wheat CCI rating continues to fall

The corn and soybean CCI ratings were little changed over the past week, but the spring wheat crop continues to deteriorate.

Ahead of the Open | June 25, 2021
Ahead of the Open | June 25, 2021

Corn pressured by weather, spring wheat supported by crop concerns. Hogs due for a corrective bounce, though that may be difficult to muster.

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Midweek Cash Markets | June 23, 2021

Corn and soybean basis continue to fall but remain higher than the three-year averages.

Corn, soybean CCI ratings slip again, spring wheat rating plunges
Corn, soybean CCI ratings slip again, spring wheat rating plunges

The spring wheat CCI rating is now 91.1 points below its five-year average.

Midweek Cash Markets | June 16, 2021
Midweek Cash Markets | June 16, 2021

Boxed beef, pork cutout values rolling over.

Corn, soybean and spring wheat CCI ratings drop
Corn, soybean and spring wheat CCI ratings drop

Corn, soybean and spring wheat CCI ratings are all below their respective five-year averages for this point in the growing season.

Monday Morning Wake Up Call | June 14, 2021
Monday Morning Wake Up Call | June 14, 2021

Grain and soy futures are under hefty pressure on improved rain chances in the coming weeks. Feeder cattle futures are sharply higher with fat cattle near unchanged. Lean hog futures are under pressure.

Midweek Cash Markets | June 9, 2021
Midweek Cash Markets | June 9, 2021

The lean hog carcass price and pork cutout value continue to surge.

Evening Report | June 8, 2021
Evening Report | June 8, 2021

USDA's June Supply & Demand Report takes on greater importance this year due to tight old-crop corn and soybean supplies.

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Preparing for USDA's June 10 crop reports

USDA will update its old- and new-crop balance sheets, along with global production and provide the second estimate of the U.S. winter wheat crop.

Ahead of the Open | June 8, 2021
Ahead of the Open | June 8, 2021

Grain and soy futures supported by weather, lower-than-expected crop condition ratings.

First Thing Today | June 8, 2021
First Thing Today | June 8, 2021

Grain markets were supported overnight by crop condition ratings and hot, dry forecasts for northern and western production areas.

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Already low spring wheat CCI rating plunges

Spring wheat crop conditions are deteriorating amid drought in the Northern Plains and PNW.

Corn CCI rating drops, soybeans start below average
Corn CCI rating drops, soybeans start below average

The corn CCI rating is still a little above average, despite the weekly decline.

Evening Report | June 7, 2021
Evening Report | June 7, 2021

U.S. corn, soybean and spring wheat crops rated lower than expected.

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Corn export inspections decline but remain strong

Corn export inspections declined 691,290 MT from the previous week's upwardly revised tally.

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Monday Morning Wake Up Call | June 7, 2021

Grain and soybean futures gapped higher overnight, lean hog futures are posting fresh highs as live and feeder cattle futures soften.

First Thing Today | June 7, 2021
First Thing Today | June 7, 2021

Dry weather concerns fuel strong gains in the grain and soy markets to start the week.

Midweek Cash Markets | June 2, 2021
Midweek Cash Markets | June 2, 2021

Boxed beef, pork cutout value continue to rise amid strong meat demand

Corn crop starts the growing season slightly above average
Corn crop starts the growing season slightly above average

Initial Pro Farmer corn CCI rating is 4.7 points above the five-year average

Wheat, ready for harvest, on Tony Nordick's farm near Kent, Minn.
HRW crop improving into harvest, spring wheat CCI rating drops

An already low spring wheat CCI rating falls even further below the five-year average

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Monday Morning Wake Up Call | June 1, 2021

Grain and soy futures are sharply higher to start the week after a weekend frost. Live and feeder cattle futures are under pressure with lean hogs mixed.

Organic wheat production
HRW CCI Improves, Low Initial Spring Wheat CCI Rating

When USDA’s weekly crop condition ratings are plugged into the weighted Pro Farmer Crop Condition Index, the HRW rating improved while the SRW ratings fell.