Home / Markets / Markets Analysis / Soybeans market / Export sales figures add to grain surge

Export sales figures add to grain surge

Jeff Caldwell 12/22/2011 @ 1:12pm Agricultural content creator and marketer.

Like college football analyst and former coach Lee Corso is famous for saying: Not so fast, my friend! After it looked like the grains were going to start giving back some of this week's gains, the slide ended, reversing to send the all pits higher at mid-day Thursday.

March corn is trading 6 1/4 cents higher at $6.22 3/4 per bushel, while January soybeans are 11 cents higher at $11.64 3/4 and March wheat is 6 3/4 cents higher at $6.23 3/4, according to Barchart.com.

As in the last few days, the South American weather situation kept the momentum up for the grains, as did better-than-expected weekly grain export sales figures released Thursday morning.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

USDA Trims Soybean Crop, Stocks; Wheat Crop… By: 06/10/2015 @ 11:11am A smaller soybean crop, a slightly corn crop and a larger wheat crop. That's what USDA…

The [A] List: 3 Big Things This Morning… By: 06/02/2015 @ 6:32am Grains trading higher; crop conditions highest we'll see this year?Grain prices were mixed…

Corn Planting Hits 95% Completion -- USDA By: 06/01/2015 @ 4:04pm For all intents and purposes, corn planting is wrapped up for this year. As of Sunday, only 5% of…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-How To Terminate
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]