Morning Market Insight
February 26 2015
Stetson Senyak
Grain Marketing Specialist

Corn- UP 2 as of 7:45
Two-sided as the overnight opened on its lows and has been on a steady rise since
CK support at $3.82 ½ with resistance around $3.92-3.93
weekly export sales: 900 to 1.1mmt is estimated

Beans- UP 2 as of 7:45
Overnight session opened on its lows, had a dip around 4am and has been bouncing since
Brazil government tries to calm Brazil truckers and works for a resolution
export sales estimate: 450 to 650...meal 100 to 300tmt

Wheat- DOWN 2 1/2 as of 7:45
May Chicago wheat is slightly lower early Thursday, getting closer to
the contract low of $4.89 ¼. Global wheat supplies are riding through the winter on last year's record
production with no sign of any difficulty for those that need to obtain wheat.
Winter crops are said to be doing well in Europe and China.
Wheat export sales estimates for today are between 200,000 and 400,000 tons