Latest News From Brian Grete

Ahead of the Open | June 7, 2023
Ahead of the Open | June 7, 2023

Choppy to mostly lower price action is expected as traders start to prepare for USDA's reports on Friday.

First Thing Today | June 7, 2023
First Thing Today | June 7, 2023

Corn, soybeans and wheat posted two-sided trade overnight but are mostly firmer this morning.

Farmer sentiment sours amid falling crops prices
Farmer sentiment sours amid falling crops prices

Producer sentiment fell to its weakest reading since July 2022, triggered by crop price weakness.

Ahead of the Open | June 6, 2023
Ahead of the Open | June 6, 2023

Wheat futures are expected to lead gains in the grain markets, though outside markets could restrict buyer interest.

First Thing Today | June 6, 2023
First Thing Today | June 6, 2023

Wheat futures posted strong gains overnight after a major dam in Ukraine was destroyed. Corn and soybeans traded solidly higher on lower-than-expected crop condition ratings.

Corn CCI rating falls, soybeans start below year-ago
Corn CCI rating falls, soybeans start below year-ago

CCI ratings for corn and beans below year-ago, spring wheat rated better than last year.

Monday Morning Wake Up Call | June 5, 2023
Monday Morning Wake Up Call | June 5, 2023

Wheat futures are leading gains in grains and oilseeds. Cattle futures are higher to start the week with hog futures under pressure...

Ahead of the Open | June 5, 2023
Ahead of the Open | June 5, 2023

Corn, soybeans and wheat are expected to open firmer after favoring the upside overnight.

First Thing Today | June 5, 2023
First Thing Today | June 5, 2023

Relatively quiet two-sided price action was seen in the grain and soy markets during overnight trade.

Ahead of the Open | June 2, 2023
Ahead of the Open | June 2, 2023

Corn is expected to open lower, with soybeans likely to trade mildly firmer and wheat mixed.

First Thing Today | June 2, 2023
First Thing Today | June 2, 2023

Corn futures are extending losses early this morning, while beans and wheat are mixed.

Big expansion of drought across corn, soybean areas
Big expansion of drought across corn, soybean areas

Drought continues to spread from west to east across major U.S. corn and soybean areas.

Ahead of the Open | June 1, 2023
Ahead of the Open | June 1, 2023

Corn, soybean and wheat futures are expected to open sharply higher following strength overnight and on weather concerns.

First Thing Today | June 1, 2023
First Thing Today | June 1, 2023

Soybean futures led overnight price gains, though corn and wheat actively participated in the push to the upside.

Midweek Cash Markets | May 31, 2023
Midweek Cash Markets | May 31, 2023

Corn and soybean basis remains well above average.

Ahead of the Open | May 31, 2023
Ahead of the Open | May 31, 2023

Grain and soy futures are expected to face heavy pressure after active followthrough selling during overnight trade.

First Thing Today | May 31, 2023
First Thing Today | May 31, 2023

Corn, soybeans and wheat actively extended Tuesday’s losses during overnight trade.

Corn CCI rating starts lower than last year
Corn CCI rating starts lower than last year

The initial CCI ratings came one week earlier than last year.

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

Corn, soybeans and wheat futures are under hefty pressure to start the week. Livestock futures are higher this morning...

Ahead of the Open | May 30, 2023
Ahead of the Open | May 30, 2023

Soybeans and wheat are expected to open sharply lower, with corn likely to trade lower on spillover pressure.

First Thing Today | May 30, 2023
First Thing Today | May 30, 2023

Beans and wheat faced heavy pressure coming out of the holiday weekend, while corn modestly favored the downside in mixed trade.

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

Corn, soybeans and wheat are expected to open higher following solidly firmer trade overnight. Support will come from weather, greater risk appetite and outside markets.

First Thing Today | May 26, 2023
First Thing Today | May 26, 2023

Corn, soybean and wheat futures showed price strength overnight and are trading near their session highs early this morning.

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

Grain and soybean futures are expected to open mostly lower following another week of disappointing export sales.

First Thing Today | May 25, 2023
First Thing Today | May 25, 2023

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

Midweek Cash Markets | May 25, 2023
Midweek Cash Markets | May 25, 2023

Corn basis improved along with a big jump in the cash price.

Cold Storage Report: Beef, pork stocks exaggerate seasonal moves
Cold Storage Report: Beef, pork stocks exaggerate seasonal moves

Beef stocks declined more than average, while pork inventories climbed more than normal during April.

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

Wheat futures are expected to open lower after price pressure overnight. Corn is called steady/firmer, while soybeans are likely to be mixed.

First Thing Today | May 24, 2023
First Thing Today | May 24, 2023

Soybeans faced followthrough selling during overnight trade, while corn and wheat pulled back from Tuesday’s gains.

Evening Report | May 23, 2023
Evening Report | May 23, 2023

EPA recommends delaying EV biofuel program.

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

Corn and wheat futures are expected to open higher. Soybeans are called lower after mild weakness overnight.

First Thing Today | May 23, 2023
First Thing Today | May 23, 2023

Soybean futures pulled back from Monday’s strong gains during overnight trade, while the corn and wheat markets have firmed after earlier trading lower.

HRW CCI inches higher, SRW slips
HRW CCI inches higher, SRW slips

CCI ratings remain historically low for the HRW crop and above average for SRW.

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

Corn and soybeans are expected to open higher, while wheat is likely to face followthrough selling after pressure overnight.

First Thing Today | May 22, 2023
First Thing Today | May 22, 2023

Corn and soybeans were supported by corrective buying overnight, while wheat faced followthrough selling.

Neutral Cattle on Feed Report
Neutral Cattle on Feed Report

On the surface, the report data is neutral. But the underlying numbers are bullish.

Ahead of the Open | May 19, 2023
Ahead of the Open | May 19, 2023

Corn, soybeans and wheat are called higher on corrective buying after recent heavy selling pressure.

First Thing Today | May 19, 2023
First Thing Today | May 19, 2023

Corn, soybean and wheat futures traded mildly higher on corrective buying during overnight trade.

Generally favorable extended weather outlook
Generally favorable extended weather outlook

Above-normal precip is expected over the eastern two-thirds of the Corn Belt during the June through August period. There are 'equal chances' for temps over the Corn Belt during the period.

Ahead of the Open | May 18, 2023
Ahead of the Open | May 18, 2023

Grain and soy markets are expected to open sharply lower amid followthrough selling.

First Thing Today | May 18, 2023
First Thing Today | May 18, 2023

Wheat futures posted sharp losses overnight amid followthrough selling, while corn and soybeans faced lesser selling pressure.

Midweek Cash Markets | May 17, 2023
Midweek Cash Markets | May 17, 2023

Cash prices for corn and soybeans dropped sharply over the past week.

Ahead of the Open | May 17, 2023
Ahead of the Open | May 17, 2023

Corn, soybeans and SRW wheat will face followthrough selling, while HRW and spring wheat may be mildly supported by crop concerns.

First Thing Today | May 17, 2023
First Thing Today | May 17, 2023

Corn, soybeans and SRW wheat faced followthrough selling overnight, while HRW and spring wheat firmed.

Ahead of the Open | May 16, 2023
Ahead of the Open | May 16, 2023

Corn, soybeans and winter wheat are expected to trade lower early this morning after losses overnight.

First Thing Today | May 16, 2023
First Thing Today | May 16, 2023

Corn, soybean and winter wheat futures pulled back from Monday’s gains during overnight trade.

HRW CCI rating improves for first time this spring
HRW CCI rating improves for first time this spring

Despite the modest uptick over the past week, the HRW CCI rating remains historically low.

Monday Morning Wake Up Call | May 15, 2023
Monday Morning Wake Up Call | May 15, 2023

Corn futures are following wheat and soybean futures to the upside. Cattle futures are choppy amid declining cash bids as lean hog futures firm...

Ahead of the Open | May 15, 2023
Ahead of the Open | May 15, 2023

Wheat futures will lead price gains in the grain and soy markets amid concerns with the HRW crop and Black Sea grain deal.

First Thing Today | May 15, 2023
First Thing Today | May 15, 2023

Wheat futures posted strong gains overnight, while soybeans traded solidly higher and corn was mixed amid bull spreading.