Agweb Radio: Opening Commentary 8-25-11

August 25, 2011 03:34 AM
 

Mike Howlett of Top Third Ag Marketing said grain prices were weaker overnight due to lower gold trading and profit taking. Gold after yesterday's drop in prices is trading a lot lower today, and there is concern grains may follow. Export numbers are OK for corn and beans, wheat lower than anticipated. Ethanol production is still growing. The U.S. will overtake Brazil this year in the production of ethanol. Opening today on grains: Corn 4-5 lower, beans 4-6 lower, wheat 5-7 lower. 

 

 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close