Morning Comment – #Wheat #Corn #Soybeans – 13/05/2015

Nothing more to say about the slight disappointment and the lack of thrill of the USDA report. Ok, supply will increase but we kind of knew it already. Let’s now focus on the 2 next month, it’s where really the crops are going to suffer from het or confirm they’re indeed on a very good … Continue reading Morning Comment – #Wheat #Corn #Soybeans – 13/05/2015

Evening Comment – #Wheat #Corn #Soybeans – 12/05/2015

Main event of the day is of course the WASDE.   The May report is really tricky. Old crop is more or less done, minor adjustments, while the first estimates of the new crop is not easy: anything can happen this summer! So USDA has not taken any risk and the report is in line … Continue reading Evening Comment – #Wheat #Corn #Soybeans – 12/05/2015

Morning Comment – #Wheat #Corn #Soybeans – 12/11/2015

Quite a bit to talk about this morning but market wise a very mixed and dull day ahead the reports of condition and planting and the today’s USDA WASDE.   US Export Inspections. Beans continue to export well 263kT and was above market consensus (130/250 expected). Wheat (378kT) and Corn (1,136kT) are within what was … Continue reading Morning Comment – #Wheat #Corn #Soybeans – 12/11/2015

Evening Comment – #Wheat #Corn #Soybeans – 11/05/2015

Dull day.   Wait and see mood for the crop progress and condition tonight and WASDE tomorrow. To look out, corn and soybeans planting (fast, very fast), wheat conditions (will the poor yields from the WQC Crop Tour have an impact?). Tomorrow WASDE report should see New Crop Ending Stocks decrease in Corn and Wheat … Continue reading Evening Comment – #Wheat #Corn #Soybeans – 11/05/2015

Morning Comment – #Wheat #Corn #Soybeans – 11/05/2015

US Market will certainly await thrilling the crop progress and condition report today and the WASDE on Wednesday (with first data of the new crop) It’s been planting all over week-end, pictures of good looking already emerged corn are surfacing on Twitter: American farmers are great users and it’s a great tool to follow the … Continue reading Morning Comment – #Wheat #Corn #Soybeans – 11/05/2015

Evening Comment – #Wheat #Corn #Soybeans – 08/05/2015

Wheat is nervous. The WQC crop tour is the main catalyst, feeding a rebound. Some good and bad yields are seen in the south of the US. So basically, we have no real clue yet about the overall yield, let’s face it. Still hearing some light freezes can happened during the night. There is a … Continue reading Evening Comment – #Wheat #Corn #Soybeans – 08/05/2015

Morning Comment – #Wheat #Corn #Soybeans – 08/05/2015

Profit taking and reversal of the previous session, that was the menu of yesterday. It seems the market don’t want to give a chance to wheat and corn! Soy complex is slightly apart, very technical and focused on South America and China.   The WQC crop tour is showing better yields. Eastern Kansas is showing … Continue reading Morning Comment – #Wheat #Corn #Soybeans – 08/05/2015

Evening Comment – #Wheat #Corn #Soybeans – 07/05/2015

US Export sales are weak on wheat (298.6kT) and even more worrying, there is some old crop cancellation again (-148.2kT)! USDA might have to lower exports on the next WASDE. Corn and beans in the high of the expected range with respectively 897.2kT and 689.2kT.   Soybeans is welcoming the easing on the strike talks … Continue reading Evening Comment – #Wheat #Corn #Soybeans – 07/05/2015

Morning Comment – #Wheat #Corn #Soybeans – 07/05/2015

One cannot be genuinely surprised about the bounce yesterday. Market has hit multi month low, it cannot be expected to go down indefinitely without some rebound. There was a rebound on wheat and corn indeed but it doesn’t mean bearish sentiment has changed by any means just yet. The timing is convenient, next week will … Continue reading Morning Comment – #Wheat #Corn #Soybeans – 07/05/2015

Evening Comment – #Wheat #Corn #Soybeans – 06/05/2015

US Weather is favorable for wheat and corn. It’s expected the Corn planting to reach 75% by Sunday (it will be reported on Monday). Market would need a bit of weather worries to change trend for a longer term. It seems to be a very good start of the new crop, however it is always … Continue reading Evening Comment – #Wheat #Corn #Soybeans – 06/05/2015