Elaine Kub

Corn 1/4 higher. Soybeans 2 1/4 lower. Chicago wheat 14 1/2 higher.

Corn 3 1/2 higher. Soybeans 16 3/4 higher. Chicago wheat 10 higher. The U.S. Dollar Index is pulling back off Wednesday's fresh 2018 high.

Recent inflation figures suggest the economy is heating up. Although it can be favorable to farmers if commodity prices rise, there is a looming risk of higher interest rates following that higher inflation.

Corn 2 1/4 lower. Soybeans 7 1/2 lower. Chicago wheat 5 1/2 lower. Grain futures are generally still 4 to 5 percent off last week's highs.

Corn 1 3/4 higher. Soybeans 7 3/4 higher. Chicago wheat 1 1/2 higher. Grain futures are generally still 5 to 6 percent off last week's highs.

Corn 5 1/4 lower. Soybeans 8 lower. Chicago wheat 12 1/2 lower. Grain futures are generally 5 to 6 percent off last week's highs.

Corn 1/4 lower, soybeans 4 1/2 lower and Chicago wheat 2 3/4 higher. The U.S. dollar index hit a fresh yearly high and is pressuring commodities.

Corn 3/4 higher. Soybeans 3/4 lower. Chicago wheat 6 lower. Minneapolis wheat futures are 9 1/4 lower.

Corn 3/4 higher, soybeans 2 1/2 higher, Chicago wheat 1 1/4 higher and Minneapolis wheat futures are 4 3/4 higher.

Corn 1/2 higher. Soybeans 9 1/4 higher. Chicago wheat 1 1/2 higher. Cotton prices are also higher after Monday's Crop Progress report affirmed damage from the ongoing Southern Plains drought.

Corn 1/2 higher. Soybeans 10 1/2 lower. Chicago wheat 4 higher.

Corn 1 lower, soybeans 11 1/4 lower, and Chicago wheat 4 1/2 lower.

Corn 3 1/2 higher. Soybeans 5 lower. Chicago wheat 8 1/4 higher. Euronext wheat rallied to a 4-year high Thursday.

Corn 2 1/4 lower. Soybeans 15 1/2 lower. Chicago wheat 5 3/4 higher. Euronext wheat rallied to another fresh high Wednesday.

Market prices can get jumpy when trading volumes are low, so the stock markets are on guard during the typically less liquid August timeframe. But futures trade for corn, soybeans, wheat and other commodities doesn't always...

Corn 3 1/2 higher. Soybeans 9 higher. Chicago wheat 8 higher.

Corn 3 1/2 higher. Soybeans 4 1/4 higher. Chicago wheat 9 higher. KC and Minneapolis wheat are higher by double digits while the European heat wave goes on.

Corn 1 1/2 lower. Soybeans 5 1/4 higher. Chicago wheat 6 1/4 lower. GDP growth has improved since last quarter and came in at 4.1 percent in the Q2 report.

Corn 5 1/2 higher. Soybeans 18 1/2 higher. Chicago wheat 8 higher. Minneapolis wheat is 14 3/4 higher, and December Euronext milling wheat is still streaking higher.

Corn 3 1/4 higher. Soybeans 2 1/4 lower. Chicago wheat 12 1/2 higher. Minneapolis wheat is 16 higher, and December Euronext milling wheat has so far rallied to 200 Euros per metric ton.

Corn 4 1/4 lower. Soybeans 4 lower. Chicago wheat 5 1/2 lower. Favorable condition ratings have been a reminder of large production prospects.

Corn 1 1/4 higher. Soybeans unchanged. Chicago wheat 2 3/4 higher. Minneapolis wheat 11 1/2 higher.

Corn 1 3/4 higher. Soybeans 3 3/4 higher. Wheat 5 higher. Trading volume could pick up through the day and accelerate or change the markets' direction.

Corn 3/4 lower. Soybeans 3 3/4 lower. Wheat 1/2 higher.

Soybean prices are at nine-year lows in nominal terms, but 2008 was a long time ago and the value of a dollar changes from one timeframe to the next. In real inflation-adjusted terms, today's soybean values present a historically...

Corn 2 1/4 higher. Soybeans 4 1/2 higher. Wheat 5 higher. If they can resist pressure from a stronger dollar, the markets might post a third straight day of gains.

Corn 4 1/4 higher. Soybeans 5 1/2 higher. Wheat 8 higher.

Corn 1/4 lower. Soybeans 1/2 lower. Wheat 4 lower. Soybeans hit fresh contract lows overnight but may now be looking for a bounce.

Corn 2 1/2 lower. Soybeans 8 1/2 lower. Wheat 3 3/4 higher.

Corn 2 1/2 higher. Soybeans 3 3/4 higher. Wheat 3 1/2 higher.

Corn 2 1/2 lower. Soybeans 11 1/4 lower. Wheat 4 3/4 lower.

Corn 3 1/4 lower. Soybeans 1 1/4 higher. Wheat 8 3/4 lower.

Corn 3 1/4 lower. Soybeans 9 1/2 lower. Wheat 5 3/4 lower. Nevertheless, prices are generally about 3 percent above last week's contract lows.

Corn 1 1/4 higher. Soybeans 1 higher. Wheat steady. These gains are fragile and don't alter the overall bearish trends.

A close examination of cash price spreads in the respective hard red winter and hard red spring wheat markets suggests historically normal expectations for protein distribution in wheat harvested across the U.S. Plains.

Corn 4 3/4 higher. Soybeans 1/2 higher. Wheat 11 3/4 higher. A lower U.S. dollar may be directing the grains upward at the start of the session.

Corn 1 3/4 lower. Soybeans 1 1/2 lower. Wheat 3 1/4 higher. Every new piece of fundamental data about the 2018 corn crop continues to seem bearish.

Corn 2 3/4 higher. Soybeans 4 higher. Wheat 5 1/4 higher.

Corn 1 1/4 lower. Soybeans 2 3/4 lower. Wheat 1 higher. Weekly export sales were seen as neutral for corn and soybeans, and bearish for wheat.

Corn 1 1/2 higher. Soybeans 9 1/4 higher. Wheat 4 1/4 higher.

Corn 3 1/2 higher. Soybeans 4 3/4 higher. Wheat 3 1/2 higher.

Corn 3/4 higher. Soybeans 7 1/4 higher. Wheat 4 1/4 lower.

Corn 3/4 higher. Soybeans 7 1/4 higher. Wheat 4 1/4 lower.

Corn 1 higher. Soybeans 1 1/4 lower. Wheat 6 1/2 higher. Bearish concerns about the global economy continue to pressure commodity markets.

A recent survey of farmers conducted by University of Illinois ag economists suggests 41% of corn is typically hedged by July 1. How do your marketing choices compare?

Corn 1 1/2 higher. Soybeans 2 higher. Wheat 7 1/2 higher. Some investor liquidation of risky commodity positions may still be ongoing Wednesday.

Corn 7 1/2 lower. Soybeans 22 3/4 lower. Wheat 11 1/4 lower. Global equity markets and other consumer commodities also show bearish concerns Tuesday morning.

Corn 3 1/4 lower. Soybeans 2 lower. Wheat 6 3/4 lower. Outside markets have been similarly depressed by the prospect of a trade war between the world's two biggest economies.

Corn 5 1/2 lower. Soybeans 19 3/4 lower. Wheat 10 1/2 lower. Old crop corn contracts are hitting new contract lows.

Corn 5 1/4 lower. Soybeans 4 lower. Wheat 10 lower. Soybean contracts explored some higher movement overnight, and outside commodity markets are mixed.

Corn 1 1/2 lower. Soybeans 9 3/4 lower. Wheat 6 lower. July soybeans dropped to $9.42 overnight, a fresh 2018 low for the contract.

Corn 3 higher. Soybeans 4 1/4 higher. Wheat 5 higher. These markets are likely to change tone mid-morning when a monthly supply and demand report is released.

Corn 1 1/4 lower. Soybeans 2 lower. Wheat 2 1/4 higher. Higher movement in winter wheat prices echo last week's stronger basis bids to express disappointment about harvested yields.

Corn 1/4 higher. Soybeans 3 1/4 lower. Wheat 2 higher. Having already dropped by double digits this week, the grain markets may now find support.

Each trading session that passes during a corn-growing season is one less day for the crop to experience yield risk, and one less day for the market to price in that risk.

Trading fungible assets in liquid markets (like the commodity grain markets) should be easy. Unfortunately, when contracts cross international boundaries, history shows there will always be complexities and inefficiencies.