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Grain markets are mixed in the early morning trade as the markets looks to catch their breath. These are the levels to keep an eye on for corn, soybean, and wheat futures. Limited Time Discount Offer! Get all of Blue Line Ag Hedge’s insights, alerts, recommendations, and more delivered to your inbox!  Sign Up Now! Corn…

July cotton futures have been extremely volatile over the last two weeks as the market works to make traders on both sides of the market uncomfortable before finding an “equilibrium”. Though the market is well off the recent highs, the market is still nearly 14% higher since the start of the year. Get all of…

Weekly Export Inspections Corn: 1,121,912 metric tons (44,167,712 bushels). This was within the range of expectations and inline with last week’s inspections. Soybeans: 706,334 metric tons (25,953,324 bushels). This was near the lower end of expectations and well below the 1,160,392 we saw in last week’s report. Wheat: 402,874 metric tons (14,803,081 bushels). Right smack…

Corn and soybeans had a strong finish to last week’s trade but are giving back some of those gains in the overnight and early morning trade. Watch us on RFD-TV, today at 9:45am CT! Get all of Blue Line Ag Hedge’s insights, alerts, recommendations, and more delivered to your inbox!  Sign Up Now! Corn Technicals (May)…

Friday’s Commitment of Traders report showed little change in the Funds positioning in corn, with their net position being reported at 296,795 futures/options contracts. Broken down that is 173,777 longs VS 470,572 shorts. Keep in mind that the data is only through Tuesday, March 5th, so it doesn’t include the rally we got in the…

Soybean futures were able to have an impressive end to last week’s trade with prices climbing back out above trendline resistance and the 20-day moving average on Thursday which may have triggered some technical short covering and follow-through momentum in Friday’s trade. Last week’s close marked the second consecutive week of gains, the longest streak…

Soybeans have continued to fall under heavy selling pressure as export sales have been lackluster since the latter half of January. While export sales increased this week, outstanding sales remain well below average for this time of the year and are the lowest since 2020. Looking at historical shipments between March and August when compared…

Watch us on RFD-TV, today at 12:45pm CT! Corn: Net sales of 1,109,600 MT (43,683,010 bushels) for 2023/2024 were up 3 percent from the previous week, but unchanged from the prior 4-week average. This was within the range of expectations and similar to the number we saw in last week’s report. Soybeans: Net sales of…

Are funds overextended in their short corn position ahead of key growing seasons for Brazil and the United States? Let’s take a look at how prices responded when Funds were heavily short. Get all of Blue Line Ag Hedge’s insights, alerts, recommendations, and more delivered to your inbox! Click Here to Learn More! Funds were net…