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Thursday, September 15, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering and hopes of strong export data. Outside markets are also higher as traders start the session with a risk-on attitude.

Weekly export sales data will be released at 7:30 this morning: Trade estimates are: corn 800,000 to 1,100,000 tonnes, wheat 350,000 to 550,000 tonnes soybeans 900,000 to 1,200,000 tonnes, soymeal 50,000 to 125,000 tonnes and soyoil 0 to 30,000 tonnes.