does anyone know of a free market commentary for corn/beans/wheat. I'm not looking for any great detail or strategies, just a sentence or two summarizing what the market reacted to for that day.
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Rook,
Youmean like this?
http://news.tradingcharts.com/futures/7/8/GR1151212702487.html
Portland, OR - Thu - Jun 5, 2008 - USDA Market News
JO_GR115
Portland Weekly Grain Review Part 1
Pacific Northwest Weekly Grain Summary
Pacific Northwest market summary: Cash bids for June delivery ended the
reporting week on Thursday, June 5, mixed for hard red winter wheat compared to
week ago bids. Bids for soft white wheat and dark northern spring wheat for
June delivery had no recent price comparisons.
July wheat futures ended the reporting week on Thursday, June 5, mixed as
follows compared to last Thursday's closes: Chicago 42 cents higher at 7.85-
1/2, Kansas City 20-1/2 cents higher at 8.14-1/2, and Minneapolis 74-1/2 cents
lower at 9.70. Minneapolis September wheat futures closed 22-1/2 cents higher
than last Thursday's close at 8.77. Chicago July corn futures ended the
reporting week 61 cents higher at 6.43-1/4 and July soybean futures closed 1.29-
1/4 per bushel higher at 14.52. Ongoing concerns over ongoing dry weather in
Australia early in the week; higher corn and soybean futures; hot weather in the
southern Plains states; overly wet growing conditions in parts of Kansas; were
all supportive to wheat futures, especially in Chicago and Kansas. Minneapolis
July wheat futures were pressured by commercial selling of long positions and
good growing conditions in the spring wheat producing areas of the Northern
Plains states. The spreading winter wheat harvest in the Southern Plains and
Southern Delta states, and beneficial rainfall later in the week in parts of
Australia, weighed on wheat futures in Chicago and Kansas City. July soybean
futures ended the week sharply higher due to rain-caused planting delays, with
the USDA estimating planting as of June 1 as 12 percent below the five year
average, at only 69 percent completed; the ongoing farmers' strike in Argentina;
and higher crude oil markets on Monday. On Thursday, the reporting week's
close, soybean futures closed sharply higher due to bullish export sales for the
week ended May 29; higher soybean oil, soybean meal, and crude oil futures; and
a lower U.S. Dollar value. Corn futures were also supported by the delayed
planting and poor emergence progress due to overly wet conditions, and by higher
crude oil futures on Thursday.
Bids for US 1 Soft White Wheat for June Portland delivery had no recent price
comparison as bids for June delivery were not quoted last week. Bids for old
crop delivery received support late in the week from increased export demand,
with Japan buying various classes of wheat, including white wheat, for Pacific
Northwest shipment on Wednesday night. Sharply higher Chicago July wheat
futures were also supportive to bids.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June Portland
delivery were not well tested but were indicated as mixed, from nine cents lower
to 21 cents higher for first half June delivery, and one to 11 cents higher for
last half June delivery. Higher Kansas City July wheat futures were supportive
to bids, but most exporters lowered their basis, due to the impending harvest,
in order to partially offset the higher futures. On Thursday, bids for 11.5
percent protein were as follows: First half June 9.15 to 9.45, mostly 9.30, last
half June 9.05 to 9.15, mostly 9.10; July 1-10 9.05 to 9.15, July 11-20 9.00 to
9.05, July 21-31 8.95 to 9.05; August New Crop 8.96 to 9.03; September 9.06 to
9.13; and October 9.20 to 9.25.
Bids for 14 percent protein US 1 Dark Northern Spring Wheat for June Portland
delivery had no recent price comparison as bids for June delivery were not
quoted last week. On Thursday, bids for 14 percent protein were as follows:
June 10.52 to 10.77, mostly 10.65; July 1-10 10.52 to 10.77, July 11-20 10.27
to 10.77, July 21-31 10.07 to 10.52; August 1-10 9.92 to 10.02, August 11-20
9.77 to 10.02, August 21-31 9.77 to 9.92; September 9.72 to 9.92; and October
9.83 to 10.06
Pacific Northwest export news: There were nine grain vessels in Columbia
River ports on Thursday, June 5, with two docked compared to 11 last Thursday
with four docked. New export sales made during the week were to Japan. This
week Japan purchased the following wheat in MT for August shipment: 52,000 of
10.5 percent protein western white wheat, 20,000 of 11.7 percent protein hard
red winter wheat, and 14,000 of 14.0 percent protein dark northern spring wheat.
Source: USDA Market News, Portland, OR
Martha Hansen 503-326-2237
24 hour price information: 503-326-2022
http://www.ams.usda.gov/mnreports/JO_GR115.txt
1440 pdt mh
.
Tradingcharts.com is hard to beat for info... no matter how much you were willing to pay!
http://news.tradingcharts.com/futures/headlines/Corn.html
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not exactly free but union securities has some daily stuff and you can talk to your personal broker on any number of issues.
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