Once again soybean export sales beat trade expectations, but beans traded lower on the day. If we look at the numbers a bit closer most of the sales were for the 13/14 crop year and the total for 12/13 was actually a bit light on the week. We still think that soybean sales to date are well ahead of pace to meet USDA expectations. Cody and Logan breakdown this morning's USDA export sales report and look at March Corn technicals.

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FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
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Export sales to China, dry conditions in South America, and weak ethanol numbers were all fundamental drivers of the grain market today. Brock and Logan discuss these issues in addition to the technical landscape on a day that saw the grains move higher across the board. Tune in tomorrow for a complete breakdown of the weekly export sales report.

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

Brock and Logan discuss today's trade and the technical resistance met once again on the daily March corn chart. Updates to South American weather look for better precipitation this weekend. Winter wheat conditions are examined and some implications for this season's yields are explained. Soil moisture levels across the grain belt are shaping up to be quite different east and west of the Mississippi.

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

Brock and Logan discuss this morning's export inspections report and its effect on the day's trade. South American weather continues to drive the futures market. Logan breaks down the outlook this week and further into the future.

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

Cody and Logan discuss this morning's export sales report, the numbers reported and expectations are below. Planalytics released some new sea surface temperature maps today that show why South America has been experiencing a drying trend in recent weeks. Cody breaks this map down in detail and explains what this means for the US grain market.

Corn: 189k reported, 200k-450k tonnes expected

Soybeans: 978k reported, 750k-950k tonnes expected

Wheat: 647k reported, 350k-550k tonnes expected

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

Cody and Logan breakdown the technical and fundamental factors impacting price action as South American weather seems to dominate the trade day-to-day. EIA ethanol production data showed ethanol production picked up 8,000 barrels per day in production, but overall our models still show the USDA over estimating corn going to ethanol during the current marketing year. Tomorrow's export sales report will be watched closely by the trade, below are market expectations. Once again the trade is looking for very lean export sales of corn and strong export sales of soybeans, with the high side of expectations near 1 million metric tons.

Corn: 200k-450k tonnes

Soybeans: 750k-950k tonnes

Wheat: 350k-550k tonnes

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

Grains traded lower at the close today as the South American precipitation outlook improved and cash corn basis continued to back off.

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 ended the day unchanged, soybeans picked up 22 cents, and Chicago wheat traded down 12 cents on the heels of the long holiday weekend. Brock and Logan discuss this morning's export inspections report and important technical price levels to watch.

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.

On today's GrainTV, Cody and Brock host a special guest, Jeff Doran of Planalytics. During this question and answer segment, Jeff discusses South American weather patterns, domestic sub-soil and precipitation, and winter wheat growing areas. Tune in to hear his analysis and the reactions of the GrainTV analysts.

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.

On today's GrainTV, Logan and Brock discuss today's export sales report. Some key technical levels were also hit today and provided resistance for the time being. Looking ahead to tomorrow's show, GrainTV is hosting a special guest Jeff Doran of Planalytics weather intelligence group. Tune in for his thoughts on South American weather, Southern Plains moisture, and the weather outlook domestically.

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.

Cody and Logan discuss today's EIA ethanol production numbers, and when this grain market might be ready to take a break from several days of higher prices. Tomorrow morning the trade will be watching USDA Export Sales report, expectations for that report are below:

• Corn 150k-250k tonnes
• Soybeans 750k-950k tonnes
• Wheat 450k-650k tonnes

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.

This afternoon on GrainTV Brock and Cody breakdown the technical landscapes for the March soybeans and March corn daily charts. Both of these contracts are hitting overhead resistance, but the fundamentals remain strong. Over the next few sessions it will be important to watch the technical levels discussed in today's show. Tomorrow the EIA releases weekly ethanol production and stocks figures and on Thursday the USDA publishes the weekly export sales report.

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.

This afternoon on GrainTV Brock and Logan discuss the rally in the grain markets. For corn and wheat the rally seemed driven by continuation buying in reaction to the reports last Friday. Soybeans rally was technically driven with managed money stepping into the marketplace and pushing the oilseed higher. Commitment of Traders report and export inspections are also examined.

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.

This afternoon on GrainTV Brock and Logan breakdown balance sheet changes by the USDA in today's crop production and supply and demand reports. Corn and wheat rallied sharply before closing a modest 10-14 cents higher, while beans sold off after the report but fought back to end the day down just 4 1/4 cents on the March contract. What does this report mean for the grains moving foward?

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.

We just got the January WASDE report and at the moment see corn and wheat moving higher as beans trade lower. Corn ending stock fell 45 million bushels largely driven by a 300 million bushel increase to feed/residual. Soybeans ending stocks were raised 5 million bushels, roughly in line with trade expectations. One thing to note is that crushings were raised while the USDA left export sales unchanged once again. Wheat ending stocks were off 38 million bushels due to feed and residual getting raised by 35 million bushels. Tune in to the audio commentary for the full breakdown of the numbers, and tune in to GrainTV this afternoon for our take on how this changes the grain market.

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.

This afternoon on GrainTV Brock and Logan discuss market expectations for tomorrow's big USDA report and what numbers they will be watching closely in tomorrow's data. This is the first USDA report to be released at 11AM central time, and if you'd like live quotes for the report you can visit us over at www.GrainHedge.com and get your live demo setup this evening.

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.

Brock and Logan discuss today's relatively quiet trade in the grain markets. Domestic and global ending stocks estimates are discussed as Reuters' poll of analysts was released Tuesday. Weekly EIA ethanol production increased 19,000 barrels per day while stocks fell 359,000 barrels last week. Weekly export sale figures are released tomorrow and should drive trade early in the session. Most traders remain focused on Friday's reports, however. Tune in for a full recap. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.

Brock and Logan discuss today's relatively quiet trade in the grain markets. Domestic and South American production estimates are discussed as Reuters' poll of analysts was released today. Tomorrow, EIA weekly ethanol production and stocks figures will provide the markets with some fundamental information. Also, domestic and global ending stocks estimates will be examined ahead of Friday's reports. Tune in for a full recap. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.

Brock and Logan discuss today's action in the grain markets. Export inspections beat expectations for wheat, missed for corn, and were inline for soybeans. We continue to run far ahead of pace on exports to meet current USDA projections for soybeans, but corn lags far behind. Some key technical levels are lending support after last week's sharp declines. Tune in for a full recap. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.

Brock and Logan discuss today's action in the grain markets. Export sales continue to disappoint for corn. Ethanol production was down again this week as well. A bunch of fundamental news was digested pushing the markets lower to end the week. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.

Grains traded lower once again in today's session. China cancelled another 315,000 MT of soybeans for delivery during '12/'13. Egypt is holding off on purchasing any more wheat until June, which didn't help the wheat market end its losing streak. Export sales expectations are discussed as well. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.

Grains opened the day sharply higher before selling off into the close. Today was a volatile start to the year, with the March soybean contract trading over a 40 cent range. Cody and Logan discuss the day's action, and what they think the grain market will do heading into planting. Click the button below to take a free demo of the trading platform you see on GrainTV!

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.