Latest News From Brian Grete

First Thing Today | April 18, 2024
First Thing Today | April 18, 2024

Corn futures mildly extended Wednesday’s losses overnight, while soybeans erased gains from yesterday. Wheat was supported by light corrective buying.

Midweek Cash Markets | April 17, 2024
Midweek Cash Markets | April 17, 2024

Corn basis continued to firm seasonally but remains below the three-year average.

First Thing Today | April 17, 2024
First Thing Today | April 17, 2024

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

First Thing Today | April 16, 2024
First Thing Today | April 16, 2024

Corn, soybeans and wheat traded on both sides of unchanged overnight.

HRW CCI ratings post notable decline, led by Kansas
HRW CCI ratings post notable decline, led by Kansas

Declines in the HRW CCI rating were fully offset by improvements in SRW crop.

First Thing Today | April 15, 2024
First Thing Today | April 15, 2024

Corn, soybeans and wheat mildly favored the downside in relatively quiet overnight price action.

First Thing Today | April 12, 2024
First Thing Today | April 12, 2024

After weaker trade early in the overnight session, modest corrective buying gradually built in corn and soybeans, while wheat is narrowly mixed this morning.

First Thing Today | April 11, 2024
First Thing Today | April 11, 2024

Corn, soybeans and wheat held in tight ranges during relatively quiet overnight trade ahead of USDA’s April crop reports later this morning.

Midweek Cash Markets | April 10, 2024
Midweek Cash Markets | April 10, 2024

Corn basis turns positive but still below average.

U.S. consumer inflation rises more than expected in March
U.S. consumer inflation rises more than expected in March

Market now reflects the highest odds are for the first rate cut in September.

First Thing Today | April 10, 2024
First Thing Today | April 10, 2024

Grain and soy futures firmed amid corrective buying overnight, led by HRW wheat contracts.

First Thing Today | April 9, 2024
First Thing Today | April 9, 2024

Corn, soybeans and wheat faced pressure during a lightly traded overnight session.

HRW CCI rating slips, SRW crop modestly improves
HRW CCI rating slips, SRW crop modestly improves

CCI ratings for both crops are above year-ago, especially for HRW.

Monday Morning Wake Up Call | April 8, 2024
Monday Morning Wake Up Call | April 8, 2024

Wheat and soybean futures are higher with corn futures chopping around unchanged. Cattle future are firmer with lean hogs under moderate pressure...

First Thing Today | April 8, 2024
First Thing Today | April 8, 2024

Corn favored the downside in light trade overnight, while soybeans and wheat had a mixed tone.

First Thing Today | April 5, 2024
First Thing Today | April 5, 2024

Corn, soybeans and wheat have adopted firmer tones this morning, led by strong gains in SRW wheat, after two-sided trade overnight.

Ahead of the Open | April 4, 2024
Ahead of the Open | April 4, 2024

Corn and soybeans are expected to open under light pressure. Wheat is expected to be mixed, with SRW lower, while HRW and HRS futures are likely to open with a firmer tone.

First Thing Today | April 4, 2024
First Thing Today | April 4, 2024

Corn, soybeans and wheat posted light, two-sided trade overnight but have adopted a slightly firmer tone this morning.

Midweek Cash Markets | April 3, 2024
Midweek Cash Markets | April 3, 2024

Corn basis firmed despite an uptick in the cash price but remains weaker than average.

Farmer sentiment improves as future expectations strengthen
Farmer sentiment improves as future expectations strengthen

Expectations for lower interest rates fueled the improved sentiment.

First Thing Today | April 3, 2024
First Thing Today | April 3, 2024

Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.

First Thing Today | April 2, 2024
First Thing Today | April 2, 2024

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

HRW CCI ratings post big jump from last fall
HRW CCI ratings post big jump from last fall

SRW CCI rating was virtually unchanged over the winter.

Monday Morning Wake Up Call | April 1, 2024
Monday Morning Wake Up Call | April 1, 2024

Corn and wheat futures are pulling back from Thursday's gains as soybeans firm. Livestock futures are lower to start the week...

First Thing Today | April 1, 2024
First Thing Today | April 1, 2024

Soybeans posted solid gains amid corrective buying overnight, while corn and wheat futures pulled back from last Thursday’s gains.

H&P Report negative compared to pre-report expectations
H&P Report negative compared to pre-report expectations

Nearly every category topped the average pre-report estimates.

First Thing Today | March 28, 2024
First Thing Today | March 28, 2024

Corn, soybeans and wheat traded in narrow ranges during the overnight session ahead of USDA’s reports later this morning.

First Thing Today | March 27, 2024
First Thing Today | March 27, 2024

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

Midweek Cash Markets | March 26, 2024
Midweek Cash Markets | March 26, 2024

Corn and soybean basis firmed a little as cash prices weakened.

First Thing Today | March 26, 2024
First Thing Today | March 26, 2024

Corn, soybeans and wheat faced mild price pressure during a relatively quiet overnight session.

HRW wheat conditions continue to improve in March
HRW wheat conditions continue to improve in March

State-level winter wheat condition ratings signaled more general improvement in the HRW crop over the past month, despite a minor downtick in top producer Kansas.

Dairy cow disease tied to HPAI
Dairy cow disease tied to HPAI

USDA says a small number of dairy herds in Texas and Kansas tested positive for a strain of highly pathogenic avian influenza (HPAI).

February frozen meat stocks signal strong demand
February frozen meat stocks signal strong demand

Frozen pork stocks declined contra-seasonally during February, while beef inventories fell more than average.

First Thing Today | March 25, 2024
First Thing Today | March 25, 2024

Corn and soybean futures swung to both sides of unchanged during the overnight session, while wheat favored the upside.

First Thing Today | March 22, 2024
First Thing Today | March 22, 2024

Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.

Upper Midwest will remain area of concern through spring
Upper Midwest will remain area of concern through spring

The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.

First Thing Today | March 21, 2024
First Thing Today | March 21, 2024

Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.

Midweek Cash Markets | March 20, 2024
Midweek Cash Markets | March 20, 2024

Cash hogs continue the seasonal price climb.

Fed still expects three rate cuts in 2024, but there's a twist
Fed still expects three rate cuts in 2024, but there's a twist

Most Fed officials expect three rate cuts this year, but fewer committee members anticipate more than three reductions.

First Thing Today | March 20, 2024
First Thing Today | March 20, 2024

Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.

First Thing Today | March 19, 2024
First Thing Today | March 19, 2024

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

Monday Morning Wake Up Call | March 18, 2024
Monday Morning Wake Up Call | March 18, 2024

Corn and wheat futures are higher this morning with soybeans working to the upside. Livestock futures are higher to start the week...

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.