Latest News From Brian Grete

HRW CCI rating below average; SRW above average
HRW CCI rating below average; SRW above average

Initial CCI ratings show wide variance between HRW and SRW.

Monday Morning Wake Up Call | October 30, 2023
Monday Morning Wake Up Call | October 30, 2023

Corn, soybeans and wheat futures are off to a weaker start this morning. Livestock futures are higher.

First Thing Today | October 30, 2023
First Thing Today | October 30, 2023

Soybeans have firmed this morning, while corn and wheat adopted a weaker tone following two-sided trade overnight.

First Thing Today | October 27, 2023
First Thing Today | October 27, 2023

Soybeans recouped most of their losses the two previous days during overnight trade, while corn also traded to the upside and wheat had a varied tone.

Ahead of the Open | October 26, 2023
Ahead of the Open | October 26, 2023

Corn, soybeans and wheat are expected to open mildly firmer this morning.

First Thing Today | October 26, 2023
First Thing Today | October 26, 2023

Grain markets traded on both sides of unchanged overnight, with beans and wheat mildly favoring the upside this morning.

Midweek Cash Markets | October 25, 2023
Midweek Cash Markets | October 25, 2023

Soybean basis firmed over the past week and is now in line with the three-year average.

Beef, pork stocks remain well below average
Beef, pork stocks remain well below average

Beef stocks climbed more than average during September, largely because the previous month’s figure was revised down 15.1 million pounds. Sept. pork stocks dropped, whereas there is normally a small buildup in supplies.

Ahead of the Open | October 25, 2023
Ahead of the Open | October 25, 2023

Grain and soy markets are expected to open mostly lower in quiet trade.

First Thing Today | October 25, 2023
First Thing Today | October 25, 2023

Corn, soybeans and wheat posted two-sided price action while holding in relatively tight trading ranges overnight.

Ahead of the Open | October 24, 2023
Ahead of the Open | October 24, 2023

Soybeans are expected to open firmer, with wheat and corn likely to face pressure.

First Thing Today | October 24, 2023
First Thing Today | October 24, 2023

Corn faced followthrough selling overnight, while wheat more than erased Monday’s modest gains. Soybeans posted two-sided trade.

Ahead of the Open | October 23, 2023
Ahead of the Open | October 23, 2023

Corn and soybeans are expected to open lower, with wheat likely to be mixed.

First Thing Today | October 23, 2023
First Thing Today | October 23, 2023

Soybeans led overnight losses, while corn and the winter wheat markets faced lighter selling.

First Thing Today | October 20, 2023
First Thing Today | October 20, 2023

Corn and wheat futures firmed amid mild followthrough buying overnight, while soybeans pulled back a little.

Extended weather outlook calls for improved rainfall over Southern Plains
Extended weather outlook calls for improved rainfall over Southern Plains

The 90-day forecast from the National Weather Service signals increased chances of above-normal precipitation across the eastern half of Kansas, along with most of Texas and Oklahoma through January.

First Thing Today | October 19, 2023
First Thing Today | October 19, 2023

Corn and wheat mildly favored the downside, while soybeans traded mostly higher in quiet, two-sided price action overnight.

Midweek Cash Markets | October 18, 2023
Midweek Cash Markets | October 18, 2023

Corn and soybean basis now just slightly weaker than average.

First Thing Today | October 18, 2023
First Thing Today | October 18, 2023

Soybeans posted followthrough buying overnight, while corn and wheat rebounded from losses earlier this week.

First Thing Today | October 17, 2023
First Thing Today | October 17, 2023

Corn, soybean and wheat futures again held in tight trading ranges during the overnight session.

Monday Morning Wake Up Call | October 16, 2023
Monday Morning Wake Up Call | October 16, 2023

Corn futures are lower with soybeans firmer and wheat mixed to start the week. Cattle futures are mildly firmer and lean hog futures are choppy with seller interest limited...

First Thing Today | October 16, 2023
First Thing Today | October 16, 2023

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

First Thing Today | October 13, 2023
First Thing Today | October 13, 2023

Corn, soybean and wheat futures are mildly firmer and near their overnight highs this morning as tensions in the Middle East intensify.

First Thing Today | October 12, 2023
First Thing Today | October 12, 2023

Corn, soybean and wheat futures were relatively quiet during the overnight session as traders await USDA’s October crop reports later this morning.

Midweek Cash Markets | October 11, 2023
Midweek Cash Markets | October 11, 2023

Basis firmed for both corn and soybeans over the past week.

FOMC minutes: Uncertainties led to pause in rate hikes
FOMC minutes: Uncertainties led to pause in rate hikes

Uncertainties included difficulties estimating the state of financial markets, potential oil price shocks and the impact of labor union strikes on the economy, among other factors.

First Thing Today | October 11, 2023
First Thing Today | October 11, 2023

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

First Thing Today | October 10, 2023
First Thing Today | October 10, 2023

Corn and soybeans extended Monday’s losses during overnight trade, while wheat more than wiped out yesterday’s gains.

Monday Morning Wake Up Call | October 9, 2023
Monday Morning Wake Up Call | October 9, 2023

Corn, soybeans and wheat followed crude oil higher overnight, cattle futures are choppy with lean hogs under seasonal pressure...

First Thing Today | October 9, 2023
First Thing Today | October 9, 2023

Corn, soybeans and wheat firmed overnight on support from crude oil as it responded to a major geopolitical shock over the weekend when Hamas raided Israel.

First Thing Today | October 6, 2023
First Thing Today | October 6, 2023

Corn, soybeans and wheat spent time on both sides of unchanged while holding in tight trading ranges overnight.

First Thing Today | October 5, 2023
First Thing Today | October 5, 2023

Corn and soybeans faced fresh selling pressure during overnight trade, while wheat firmed amid light corrective buying.

Midweek Cash Markets | October 4, 2023
Midweek Cash Markets | October 4, 2023

Basis remains much weaker than normal for corn, soybeans and wheat amid weak demand and transportation woes.

First Thing Today | October 4, 2023
First Thing Today | October 4, 2023

Soybean futures firmed amid corrective buying overnight, while wheat declined and corn chopped around unchanged.

Weakening crop prices, high production costs weigh on farmer sentiment
Weakening crop prices, high production costs weigh on farmer sentiment

Farmers’ sentiment for the second month in a row as attitudes toward current conditions and future expectations declined.

First Thing Today | October 3, 2023
First Thing Today | October 3, 2023

Corn and soybean futures failed to build on Monday’s gains and traded lower overnight, while wheat had a mixed tone.

Monday Morning Wake Up Call | October 2, 2023
Monday Morning Wake Up Call | October 2, 2023

Corn and wheat futures are higher with soybeans under light selling pressure. Cattle futures are higher with lean hogs under pressure...

First Thing Today | October 2, 2023
First Thing Today | October 2, 2023

Corn and wheat futures traded higher on corrective buying overnight, while soybeans faced followthrough selling.

First Thing Today | September 29, 2023
First Thing Today | September 29, 2023

Corn, soybean and wheat futures held in tight price ranges in a lightly traded overnight session ahead of USDA’s reports later this morning.

U.S. hog herd unexpectedly expands
U.S. hog herd unexpectedly expands

Farrowing intentions suggest the expansion could be short-lived, but surging litter sizes could offset lower farrowings as they did during summer.

First Thing Today | September 28, 2023
First Thing Today | September 28, 2023

Corn and soybean futures pulled back from recent corrective gains, while wheat extended its price slide during overnight trade.

Midweek Cash Markets | September 27, 2023
Midweek Cash Markets | September 27, 2023

Soybean basis continues to plunge.

First Thing Today | September 27, 2023
First Thing Today | September 27, 2023

Corn and soybean futures firmed amid light corrective buying overnight. Wheat traded on both sides of unchanged overnight.

First Thing Today | September 26, 2023
First Thing Today | September 26, 2023

Corn futures held near unchanged, while soybeans and wheat posted mild gains during a quiet overnight session.

Corn, soybean CCI ratings post late-season increases
Corn, soybean CCI ratings post late-season increases

Illinois led the increase in condition ratings for both crops.

Monday Morning Wake Up Call | September 25, 2023
Monday Morning Wake Up Call | September 25, 2023

Corn and wheat futures open the week higher with soybeans under pressure. Cattle futures are lower with lean hog futures mixed.....

First Thing Today | September 25, 2023
First Thing Today | September 25, 2023

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

Cattle on Feed Report: Feedlot inventory continues to shrink
Cattle on Feed Report: Feedlot inventory continues to shrink

Feedlot inventories declined from year-ago for a 12th consecutive month.

Ahead of the Open | September 22, 2023
Ahead of the Open | September 22, 2023

Grain and soy markets are expected to see light corrective buying.

First Thing Today | September 22, 2023
First Thing Today | September 22, 2023

Corn, soybean and wheat futures posted mild gains amid corrective buying in light overnight trade.