Cash Grain Insightshttp://www.agweb.com/blogs/ Kevin McNew is President of Grain Hedge and Geograin . McNew was raised on a farm in central Oklahoma and received his bachelor’s degree from Oklahoma State University, and master’s and Ph.D. degrees in Economics from North Carolina State University. For over a decade, he was a Professor of Economics at the University of Maryland and Montana State University, focusing on commodity markets. He has received numerous academic awards for his research and outreach work, and was (and still is) widely regarded for boiling down complex economic issues into easy-to-understand concepts for applied life.   AgWeb.comStore Your Crop or Not?http://www.agweb.com/blog/Cash_Grain_Insights_156/Store_Your_Crop_or_Not_9617/ [...]

Good weather and ample crops have turned $5 corn into $3 corn and $11 beans into $9 beans over the last few months. With harvest approaching, farmers may be tempted to shove that grain in the bin and hope for higher prices to return.

]]>Kevin McNewThu, 24 Sep 2009 13:16:11 GMT9617Spot Prices Improve but Storage Still Payshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Spot_Prices_Improve_but_Storage_Still_Pays_9851/Kevin McNewWed, 31 Oct 2007 15:16:21 GMT9851Futures Crumble, Bean Basis Follows Suithttp://www.agweb.com/blog/Cash_Grain_Insights_156/Futures_Crumble_Bean_Basis_Follows_Suit_10651/ Futures markets were limit down on Monday, taking its cue from the implosion in the financial sector and a lack of supply-side worries in the grain sector. Futures markets were limit down on Monday, taking its cue from the implosion in the financial sector and a lack of supply-side worries in the grain sector. ]]>Kevin McNewWed, 01 Oct 2008 07:45:50 GMT10651Barge Rate Slump Helps Lift Basis Levelshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Barge_Rate_Slump_Helps_Lift_Basis_Levels_10757/ [...]

Corn and soybean basis levels continued to make positive gains this week, as corn moved 2-cents higher across the country while basis levels were up 3 cents a bushel across soybean buyers.

]]>Kevin McNewWed, 17 Feb 2010 09:33:50 GMT10757A Good Run on Basis, But It May Be Donehttp://www.agweb.com/blog/Cash_Grain_Insights_156/A_Good_Run_on_Basis_But_It_May_Be_Done_11142/ There have been few bright spots in the grain market this year. Eroding end-user demand, a weak economy, and ample stocks have all led to staggering losses in grain futures since harvest of 2008. But, the one silver lining is the strong improvement in basis over the last 6 months. There have been few bright spots in the grain market this year. Eroding end-user demand, a weak economy, and ample stocks have all led to staggering losses in grain futures since harvest of 2008. But, the one silver lining is the strong improvement in basis over the last 6 months.

]]>Kevin McNewThu, 26 Mar 2009 10:02:24 GMT11142Cash Grain Basis Firmer http://www.agweb.com/blog/Cash_Grain_Insights_156/Cash_Grain_Basis_Firmer__11160/While grain futures continued to slide lower this week, basis levels around the country posted solid gains. For the week, both corn and soybean basis levels were up 3 cents on average across the country.Kevin McNewWed, 03 Feb 2010 19:10:48 GMT11160Harvest Pressure Hits Cash Marketshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Harvest_Pressure_Hits_Cash_Markets_11559/Grain harvest is later than normal and off to a slow start with scattered rains, but basis levels are starting to feel the pressure. For the week, corn basis was off 2 cents on average while bean basis was off 5 cents.
]]>Kevin McNewWed, 07 Oct 2009 08:33:33 GMT11559Soybean Basis Posts Impressive Gainshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Soybean_Basis_Posts_Impressive_Gains_11730/Kevin McNewThu, 15 Nov 2007 10:23:09 GMT11730Trading Tips in a Gloom and Doom Markethttp://www.agweb.com/blog/Cash_Grain_Insights_156/Trading_Tips_in_a_Gloom_and_Doom_Market_11937/ Being in Chicago at this year’s Top Producer Conference is diametrically different from last year. Being in Chicago at this year’s Top Producer Conference is diametrically different from last year.]]>Kevin McNewThu, 22 Jan 2009 15:02:11 GMT11937Slow Harvest Pace Keeps Basis Levels in Checkhttp://www.agweb.com/blog/Cash_Grain_Insights_156/Slow_Harvest_Pace_Keeps_Basis_Levels_in_Check_12848/Another incremental week of grain harvest kept basis levels slightly weaker, but still holding relatively firm. Basis levels were off 2 cents a bushel for both corn and beans, but much of the weakness was confined to areas along the River system. ]]>Kevin McNewWed, 21 Oct 2009 05:21:57 GMT12848A Reason to Store Cornhttp://www.agweb.com/blog/Cash_Grain_Insights_156/A_Reason_to_Store_Corn_13551/The corn market is giving clear signals to farmers to store their grain. Price spreads for June delivery in some parts of the country are at a 60-cent premium to spot, making for a healthy profit by storing corn in these areasKevin McNewTue, 01 Dec 2009 21:36:00 GMT13551Grain Basis Rallieshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Grain_Basis_Rallies_14436/ Corn and soybean basis gained ground this past with U.S. average gains of 5-cents a bushel for both crops. Corn and soybean basis gained ground this past with U.S. average gains of 5-cents a bushel for both crops.]]>Kevin McNewTue, 16 Sep 2008 14:41:12 GMT14436Corn Basis Gains Continuehttp://www.agweb.com/blog/Cash_Grain_Insights_156/Corn_Basis_Gains_Continue_15220/ Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-nosho [...] Grain prices continued their slump over the past week, although an unexpected announcement that USDA would re-survey corn plantings may put a risk premium back in the market. ]]>Kevin McNewThu, 23 Jul 2009 10:14:02 GMT15220Falling Futures Give Cash Grain Basis a Lifthttp://www.agweb.com/blog/Cash_Grain_Insights_156/Falling_Futures_Give_Cash_Grain_Basis_a_Lift_15972/ [...]

Grain markets continued to slide lower as last week’s bearish crop report numbers and ideal South American weather continue to put pressure on the futures market. In the cash market, both corn and soybean basis levels inched higher, posting 2-cent gains on average across the country.

]]>Kevin McNewWed, 20 Jan 2010 13:12:58 GMT15972Year Ends With Strong Basis Gainshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Year_Ends_With_Strong_Basis_Gains_16239/Kevin McNewThu, 03 Jan 2008 16:13:26 GMT16239Harvest Sinks Soybean Basishttp://www.agweb.com/blog/Cash_Grain_Insights_156/Harvest_Sinks_Soybean_Basis_17098/ [...]

Farmers finally got a reprieve from the weather and made ample progress getting the corn and bean crops harvested.  Soybean basis felt the brunt of the strong harvest as basis levels were off 14 cents for the week while corn was off 3 cents.

]]>Kevin McNewWed, 11 Nov 2009 22:36:43 GMT17098Basis Gains More Groundhttp://www.agweb.com/blog/Cash_Grain_Insights_156/Basis_Gains_More_Ground_17299/ Basis levels continued to firm this week around much of the country, adding to solid gains posted since harvest. Basis levels continued to firm this week around much of the country, adding to solid gains posted since harvest.]]>Kevin McNewTue, 23 Dec 2008 13:53:42 GMT17299Bottlenecks and Higher Barge Rates Sink Grain Basishttp://www.agweb.com/blog/Cash_Grain_Insights_156/Bottlenecks_and_Higher_Barge_Rates_Sink_Grain_Basis_17603/ Bulls returned in full force to the grain markets this week. Bulls returned in full force to the grain markets this week.]]>Kevin McNewTue, 17 Jun 2008 10:11:32 GMT17603Bean Basis Moves Higher While Corn is Sluggishhttp://www.agweb.com/blog/Cash_Grain_Insights_156/Bean_Basis_Moves_Higher_While_Corn_is_Sluggish_17906/ Grain futures found a boost this week with corn futures up about a dime while soybean futures advanced 30-cents over the last week. This took its toll on basis improvement as corn basis gained only one-cent on average across the country while soybeans were up 3 cents on average. Grain futures found a boost this week with corn futures up about a dime while soybean futures advanced 30-cents over the last week. This took its toll on basis improvement as corn basis gained only one-cent on average across the country while soybeans were up 3 cents on average.

]]>Kevin McNewThu, 12 Feb 2009 13:11:53 GMT17906New-Crop Basis Holds Firmhttp://www.agweb.com/blog/Cash_Grain_Insights_156/New-Crop_Basis_Holds_Firm_18855/ Grain markets seemed to gain some stability after two weeks of volatile trade. Grain markets seemed to gain some stability after two weeks of volatile trade.]]>Kevin McNewTue, 15 Apr 2008 12:42:26 GMT18855$5 Cornhttp://www.agweb.com/blog/Cash_Grain_Insights_156/$5_Corn_19031/ [...]

$5.00 for my corn, that was my goal. Learn how you can acheieve that even in a down market!

]]>Kevin McNewThu, 03 Sep 2009 14:48:41 GMT19031Basis Tanks on Rising Barge Costshttp://www.agweb.com/blog/Cash_Grain_Insights_156/Basis_Tanks_on_Rising_Barge_Costs_21624/ [...]

Both corn and soybean basis levels were lower this week as rising barge rates and rising futures prices kept cash basis on the defensive. Over the last week, barge rates were up 10 to 12 cents a bushel across the U.S. river system.

]]>Kevin McNewWed, 21 Jul 2010 13:00:12 GMT21624Beans Get Bearish on China Cancellationshttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_get_bearish_on_china_cancellations/Beans were down 20 cents in the overnight session following an announcement that China had cancelled 600,000 tonnes of export bookings from the United States. Kevin McNewFri, 16 Nov 2012 07:03:00 GMT28601Grains Higher in Overnight Sessionhttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains/Grains improved Sunday night with soybeans leading the move higher. January soybean futures at one point eclipsed the psychologically important $14 mark. Kevin McNewMon, 19 Nov 2012 06:07:00 GMT28619Wheat Ratings Worst on Recordhttp://www.agweb.com/blog/Cash_Grain_Insights_156/wheat_ratings_worst_on_record/Grain prices held mostly steady Monday night and Tuesday morning with limited news to drive prices off their strong close from Monday’s session.Kevin McNewTue, 20 Nov 2012 06:30:00 GMT28633Beans Hit One-Month Highhttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_hit_one-month_high/Soybean prices rallied overnight as lingering concerns on South America’s crop conditions and circulating rumors of Chinese export interest helped lift nearby futures to a one-month high. Soybeans were up 9 cents a bushel, while corn and wheat prices were up 3 cents in overnight trade.Kevin McNewWed, 05 Dec 2012 06:54:00 GMT28763Corn Drops to 3-Week Low on Poor Fundamentalshttp://www.agweb.com/blog/Cash_Grain_Insights_156/corn_drops_to_3-week_low_on_poor_fundamentals/Corn continued to sink lower in the overnight session hitting a 3-week low at $7.32 on March futures. Wheat also was down 4 cents in the night session while soybeans were up 1 cent.Kevin McNewMon, 10 Dec 2012 06:29:00 GMT28804Grains Mixed Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_mixed_overnight/Grain futures were mixed overnight with wheat posting positive gains while corn was off slightly. Soybeans were mostly unchanged in the overnight session.​Kevin McNewThu, 13 Dec 2012 06:36:00 GMT28846Selling Continues to Hit Grains in New Yearhttp://www.agweb.com/blog/Cash_Grain_Insights_156/selling_continues_to_hit_grains_in_new_year/Corn and soybean futures were hit hard by selling overnight as prospects for a bumper South American crop continue to loom over the market. As of 6 am CST, front-month corn was off 5 cents while soybeans were off 12 cents. Wheat was mixed overnight following yesterday’s steep selloff.Kevin McNewThu, 03 Jan 2013 06:22:00 GMT28995Corn Exports Non-Existenthttp://www.agweb.com/blog/Cash_Grain_Insights_156/corn_exports_non-existent/Grains continued to languish overnight as fund selling and prospects of slow demand kept prices weighed down in the overnight session. Kevin McNewFri, 04 Jan 2013 07:41:00 GMT29013Grains Post Overnight Gainshttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_post_overnight_gains/Grains found buying support overnight as bargain hunting following weeks of selling lifted prices from six-month lows. Soybeans were the leader to the upside posting a 9-cent gain, while corn and wheat were up 4 cents.Kevin McNewMon, 07 Jan 2013 07:01:00 GMT29028Soybeans Lose Ground After Monday’s Gainshttp://www.agweb.com/blog/Cash_Grain_Insights_156/soybeans_lose_ground_after_monday’s_gains/Soybean prices were lower overnight after technically-led buying on Monday helped lift prices out of their steep slide. Wheat was modestly higher in the overnight session while corn was mostly unchanged.Kevin McNewTue, 08 Jan 2013 06:40:00 GMT29036Brazil Increases Grain Outputhttp://www.agweb.com/blog/Cash_Grain_Insights_156/brazil_increases_grain_output/Grain futures were mixed overnight as traders await key economic data for further price direction. Corn and beans were off 1 to 2 cents, while wheat managed a small gain of one cent.Kevin McNewWed, 09 Jan 2013 06:08:00 GMT29051Egypt Demand Spurs Wheat Higherhttp://www.agweb.com/blog/Cash_Grain_Insights_156/egypt_demand_spurs_wheat_higher/Wheat led the grains higher overnight as new demand from Egypt’s GASC helped lift wheat prices by 7 cents. Corn was up 4 cents, while soybeans were up 1 cent on the overnight trade.Kevin McNewThu, 10 Jan 2013 05:58:00 GMT29063Is Grain Rally Sustainable? http://www.agweb.com/blog/Cash_Grain_Insights_156/is_grain_rally_sustainable_/Grain futures continued their positive response in the overnight session after USDA’s supply and demand data on Friday helped shift sentiment on the state of the markets. Soybeans led the charge higher overnight posting a 20-cent advance, while wheat and corn prices were up 16 and 14 cents, respect [...]Kevin McNewMon, 14 Jan 2013 05:38:00 GMT29096Grain Advance Continueshttp://www.agweb.com/blog/Cash_Grain_Insights_156/grain_advance_continues/Grain futures continued their rally overnight led by soybeans which at one point reached as high as $14.36 before pulling back to the $14.27 area. Corn and wheat both advanced overnight, with corn up 2 and wheat up 5.Kevin McNewTue, 15 Jan 2013 06:51:00 GMT29113Grain Rally Continues Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grain_rally_continues_overnight/Grains moved higher again over night as dryness in South America and the US Plains has traders concerned about crop prospects. Kevin McNewWed, 16 Jan 2013 07:00:00 GMT29124Grains Dip Lower Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_dip_lower_overnight/Grains took a break from their recent run-up as overnight trade saw mostly lower prices across the complex. Kevin McNewThu, 17 Jan 2013 06:34:00 GMT29134Grains Recover on Light Overnight Tradinghttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_recover_on_light_overnight_trading/Grain prices were modestly higher across the board overnight helping erase part of the losses from Thursday’s day session.Kevin McNewFri, 18 Jan 2013 07:13:00 GMT29148Basis Levels Stagnant on Futures Rallyhttp://www.agweb.com/blog/Cash_Grain_Insights_156/basis_levels_stagnant_on_futures_rally/Both corn and soybean basis levels saw limited movement this week, as futures markets climbed on renewed concerns about short supplies. For the week, US average corn and soybean basis were unchanged.Kevin McNewMon, 21 Jan 2013 16:15:00 GMT29149Grains Higher After Holiday Weekendhttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_higher_after_holiday_weekend/Grain prices shot higher on the open of the overnight session as dry weather concerns continued to persist over the three day weekendKevin McNewTue, 22 Jan 2013 07:17:00 GMT29171Weather Continues to Drive Grain Priceshttp://www.agweb.com/blog/Cash_Grain_Insights_156/weather_continues_to_drive_grain_prices/Grain futures were mostly unchanged overnight after spending the start of the session in negative territory. Kevin McNewWed, 23 Jan 2013 06:32:00 GMT29181Beans Continue to Retreat Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_continue_to_retreat_overnight/Soybean futures lost more ground overnight weighed by profit-taking and signs of potential rains in Argentina. Kevin McNewThu, 24 Jan 2013 04:04:00 GMT29189Cash Grain Continues to Flat-Linehttp://www.agweb.com/blog/Cash_Grain_Insights_156/cash_grain_continues_to_flat-line/Corn and soybean basis saw little movement again this week as tight crop inventories mixed with struggling demand keeps basis levels treading water. Kevin McNewSun, 27 Jan 2013 17:18:00 GMT29203Grains Give Back Early Gains Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_give_back_early_gains_overnight/Grains were higher at the start of the overnight session with beans leading on a 12-cent advance reaching the critical $14.50 area, but pulled back to the $14.45 range.Kevin McNewMon, 28 Jan 2013 06:42:00 GMT29220Grains Looking for Direction http://www.agweb.com/blog/Cash_Grain_Insights_156/gr/Trading was quiet overnight in the grain markets as prices continued to stay in a tight range. Corn, soybeans and wheat were all up about a penny a bushel on limited news.Kevin McNewTue, 29 Jan 2013 07:17:00 GMT29229Beans Sharply Higher Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_sharply_higher_overnight/Soybean futures shot higher overnight breaking out of its narrow trading range of recent sessions. Nearby March futures eclipsed the $14.70 mark, adding 20 cents in the overnight session. Corn was pulled higher by 7 cents while wheat managed a 4-cent gain.Kevin McNewWed, 30 Jan 2013 06:49:00 GMT29238Beans Close in on $15http://www.agweb.com/blog/Cash_Grain_Insights_156/beans_close_in_on_15/Grains posted positive gains overnight with soybeans leading the markets to the upside on a 12-cent advance. Corn and wheat prices followed with modest 1-cent and 4-cent gain, respectively.Kevin McNewMon, 04 Feb 2013 07:42:00 GMT29276Rain Forecasts Pressure Grains Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/rain_forecasts_pressure_grains_overnight/Grain futures fell in the overnight session as weather models showed more precipitation coming for parched Argentina and the US Plains. Soybeans led the way lower, falling 10 cents while corn and wheat were off 5 cents.Kevin McNewWed, 06 Feb 2013 05:01:00 GMT29296Soybean Rout Continueshttp://www.agweb.com/blog/Cash_Grain_Insights_156/soybean_rout_continues/Kevin McNewMon, 11 Feb 2013 07:36:00 GMT29346Grains Continue Bearish Stancehttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_continue_bearish_stance/Overnight, corn and wheat prices continued to grind lower with nearby March corn dropping below $7 a bushel for the first time since January 10th. Kevin McNewTue, 12 Feb 2013 06:10:00 GMT29358Grains Rebound Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_rebound_overnight/Futures markets found support overnight as weeks of selling finally seemed to come to an end.Kevin McNewFri, 15 Feb 2013 05:58:00 GMT29396Soybeans Sharply Higher Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/soybeans_sharply_higher_overnight/Soybean prices were sharply higher overnight following a 3-day weekend advancing 20 cents a bushel. Corn and wheat prices were mostly unchanged.Kevin McNewTue, 19 Feb 2013 06:49:00 GMT29415Soybean Comeback Continueshttp://www.agweb.com/blog/Cash_Grain_Insights_156/soybean_comeback_continues/Soybean futures continued their climb back adding 12 cents overnight on top of the 45 cent gain from Tuesday.Kevin McNewWed, 20 Feb 2013 06:10:00 GMT29426Wheat Pressured on Storm Q Relief for Plainshttp://www.agweb.com/blog/Cash_Grain_Insights_156/wheat_pressured_on_storm_q_relief_for_plains/Grains were lower overnight as wet weather continued in the Midwest and Plains from massive Winter Storm Q. Wheat prices were off 5 cents while corn was down 2 cents. Soybean prices posted a 4-cent loss.Kevin McNewThu, 21 Feb 2013 06:03:00 GMT29436Beans Catapult Higher Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_catapult_higher_overnight/Soybean futures eclipsed the $15 mark and traded as high as $15.16 on nearby March futures in the overnight session continuing to hold 20-cent gains. Wheat and corn prices followed, but were up only 3 cents a bushel.Kevin McNewFri, 22 Feb 2013 06:55:00 GMT29453Bean Prices Stabilize But for How Long?http://www.agweb.com/blog/Cash_Grain_Insights_156/bean_prices_stabilize_but_for_how_long/Grain prices were mixed overnight with soybeans gaining 4 cents while wheat prices were down 4 cents. Corn was mostly unchanged.Kevin McNewMon, 25 Feb 2013 06:40:00 GMT29475Corn Resilient in the Face of Lower Beans and Wheathttp://www.agweb.com/blog/Cash_Grain_Insights_156/corn_resilient_in_the_face_of_lower_beans_and_wheat/Corn prices inched higher in the overnight session adding to Monday’s gains while soybean and wheat price continued to erode. As of this writing, Corn is up 4 cents, while soybeans and wheat are down 3 cents.Kevin McNewTue, 26 Feb 2013 07:04:00 GMT29484Beans Retreat Overnight While Corn and Wheat Firmhttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_retreat_overnight_while_corn_and_wheat_firm/Soybean prices fell by 10 cents overnight while corn and wheat prices managed modest gains of 1-cent a bushel.Kevin McNewFri, 01 Mar 2013 05:16:00 GMT29517Grains Find Positive Territoryhttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_find_positive_territory/Grain futures managed positive gains in the overnight session after suffering steep losses across much of the complex on Monday. Soybeans and corn were up 4 cents while wheat posted a 2-cent gain.Kevin McNewTue, 19 Mar 2013 06:14:00 GMT29661Beans Rally Off of Lowshttp://www.agweb.com/blog/Cash_Grain_Insights_156/beans_rally_off_of_lows/Beans rallied in the overnight session adding 10 cents to nearby May futures, while corn and wheat took a breather from recent gains, posting 3-cent and 5-cent losses, respectively.Kevin McNewThu, 21 Mar 2013 06:55:00 GMT29682Profit Taking Eases Grains Overnight (Mar 22)http://www.agweb.com/blog/Cash_Grain_Insights_156/profit_taking_eases_grains_overnight_mar_22/Grains were lower across the board overnight as traders locked in profits from sharp gains in recent trading sessions. Soybean and wheat prices were down 2 cents a bushel while corn was off 3 cents.Kevin McNewFri, 22 Mar 2013 07:22:00 GMT29696Basis Levels Slump on Slowing Demand http://www.agweb.com/blog/Cash_Grain_Insights_156/basis_levels_slump_on_slowing_demand_/Corn and soybean basis fell this week as rallies in the futures market helped entice farmer selling. Corn basis was off 4 cents on average for the week while soybean basis was off 1-cent a bushel.Kevin McNewSun, 24 Mar 2013 16:58:00 GMT29701Grains Start Week in the Redhttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_start_week_in_the_red/Grain markets were lower overnight as traders look for increased supplies in the coming USDA report on Thursday. Overnight, nearby May soybeans were off 6 cents a bushel, while wheat and corn were off 1-cent a bushel.Kevin McNewMon, 25 Mar 2013 07:26:00 GMT29715Grains Await New Data in Quiet Trade (Mar 26)http://www.agweb.com/blog/Cash_Grain_Insights_156/grains_await_new_data_in_quiet_trade_mar_26/Grain markets were mostly quiet overnight with changes limited to a few cents up or down across the board as traders await key supply and demand data on Thursday from USDA.Kevin McNewTue, 26 Mar 2013 06:27:00 GMT29734Grain Stalemate Continues http://www.agweb.com/blog/Cash_Grain_Insights_156/grain_stalemate_continues_/Grain prices continued to trade in a narrow range overnight as participants eagerly await fresh supply and demand data from USDA on Thursday. Corn and soybean prices were mostly unchanged over night while wheat posted a modest 1-cent gain.Kevin McNewWed, 27 Mar 2013 05:46:00 GMT29756Grains Slide Lower Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_slide_lower_overnight/Nearby corn futures continued to move sharply lower overnight after Friday’s USDA stocks report triggered a limit-down move of 40 cents. In Sunday’s overnight session May corn futures were off 37 cents a bushel, while soybean futures fell 17 cents a bushel. Wheat prices lagged the other grains, but [...]Kevin McNewMon, 01 Apr 2013 07:02:00 GMT29789Grains Find Firmer Footing Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_find_firmer_footing_overnight/Two days of dramatic selling leading to nearly a dollar off the corn price and 70 cent losses in soybeans have seemed to come to an end as prices showed modest recoveries overnight. Corn was up 5 cents a bushel while soybeans added 10 cents a bushel in the overnight session. Wheat was higher by 7 c [...]Kevin McNewTue, 02 Apr 2013 07:27:00 GMT29802Corn Finds More Strength Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/corn_finds_more_strength_overnight/Grains were mixed in overnight trade with corn posting a 5 cent advance while wheat and soybeans had modest declines of 2-cents a bushel.Kevin McNewTue, 09 Apr 2013 06:40:00 GMT29874?Beans Find Strength Overnighthttp://www.agweb.com/blog/Cash_Grain_Insights_156/?beans_find_strength_overnight/Soybean prices found buying strength overnight as nearby May futures climbed 14 cents helping recover some of the steep losses from Monday’s session. Corn and wheat prices were up fractionally in the overnight session.Kevin McNewTue, 16 Apr 2013 06:57:00 GMT29929Soybean Basis Feels Effects of Domestic & International Marketshttp://www.agweb.com/blog/Cash_Grain_Insights_156/soybean_basis_feels_effects_of_domestic__international_markets/It was a tale of two markets this week in the cash soybean market. Domestic end users were sharply lower on basis as soybean crushing plants begin to cut back production in anticipation of future lower prices, while river markets continue to be bolstered by strong international demand.Kevin McNewFri, 19 Apr 2013 09:30:00 GMT29961Grains Rally Overnight on Wet Weather Outlookhttp://www.agweb.com/blog/Cash_Grain_Insights_156/grains_rally_overnight_on_wet_weather_outlook/Corn was up 10 cents a bushel on the overnight session as wet weather continues to plague corn planting. Soybeans found modest support posting a 2-cent gain while wheat was up 6 cents a bushel.Kevin McNewMon, 29 Apr 2013 06:54:00 GMT30027Planting Delays Spur Market Recoveryhttp://www.agweb.com/blog/Cash_Grain_Insights_156/planting_delays_spur_market_recovery/Grains found mild support overnight after a limit move in the corn market on Monday pushed prices to their highest level since the March 28 Stocks report. Corn was up 2 cents a bushel, while soybean prices were up 5 cents a bushel. Wheat prices came under pressure, losing 6 cents.Kevin McNewTue, 30 Apr 2013 07:34:00 GMT30036