Grain Hedge

This afternoon's crop progress report showed good progress on soybean planting pace and no surprises for corn. NOPA Crush numbers helped rally old crop soybeans 22 cents off their lows. Chinese interest in PNW Corn and cash market strength supported corn. Visit us at GrainHedge.com to get live quotes at your home or office today!

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Old crop found some strength heading into the weekend for corn and soybeans. New crop continued to sell, however. Wheat in Chicago and Kansas City both ended the week lower. News from the Rosario Exchange was cause for some interesting trade at the end of the session. Basis changes for the week are examined. Tune in for the full report. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Corn and soybeans continued to sell off today. Wheat managed to find a little strength as a sharply weaker dollar index and fund activity aided the rally. Export sales came mostly within expectations except for corn which missed on the low end. Some key technical milestones are discussed. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

The grain markets headed lower following the monthly USDA/WASDE report that was released this morning. Larger than anticipated ending stocks for '12/'13 and '13/'14 were reported for corn. While on the other hand, ending stocks for soybeans were left unchanged for both years. Some demand revisions were made to the balance sheets. Tune in for the full breakdown by GrainTV's analysts Cody and Logan. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

USDA Report Numbers

Old crop soybeans are the only grains trading higher at the moment. New crop corn is off 12 3/4 while new crop soybeans are trading lower 6 3/4. For corn and soybeans, today's big numbers are included below:

• 13/14 corn acres left unchanged at 97.3 million
• 13/14 corn yield lowered 1.5 BPA to 156.5 average
• 13/14 corn ending stocks higher than expected at 1,949 million bushels
• 13/14 soybean balance sheet left unchanged from May report

• 12/13 corn ending stocks lowered by 10 million bushels to 759 million bushels
  
• 12/13 soybean ending stocks left unchanged at 125 million bushels, slightly lower than expected

For a full breakdown of the numbers and what this may mean for prices tune into today's GrainTV, available every afternoon on the Grain Hedge homepage.

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.