Contact Us

Grains lower today led by Soybeans

Beas are down 11 to 12 cents a bushel today. The bears finally got confirmation that China Canceled beans from the United States earlier this season. This morning the USDA announced a China cancelation of 272,000 MT. At the same time the USDA announced a new crop bean sale to China of 240,000 MT. There is a lot of trader talk about the “huge” bean crop out of South America. While it will likely be a record it might not be as big as many thought because of hot and dry conditions in Southern Brazil. Argentina had been hot and dry earlier in the season but now it has cooled off to more normal temperatures and they have gotten some rain. Corn has trader both higher and lower today. The bulls have been disappointed that the slightly friendly USDA report Monday has not helped move corn prices higher. There was another reminder of good demand this morning with the weekly EIA report that showed ethanol production last week was at 902,000 barrels per day, up 7000 barrels per day from the previous week.

More from KDHL Radio

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kdhlradio.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on KDHL Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on KDHL Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!