Grain Express 8/17/22

Posted: Aug. 17, 2022, 9:26 a.m.

Fundamental Snapshot


The Chinese military is sending troops to Russia for a joint exercise. If you've been alive for longer than 6-months, you may be a little skeptical of the word "exercise".


USDA's Farm Service Agency will post the U.S. Crop Acreage data on August 22 at 2:00pm CT after the originally scheduled Aug 12 date was missed.


Ukraine expects five ships to arrive at the Chornomorsk port today for loading. It will be the largest convoy since the invasion. Grains loaded will include wheat, corn, and sunseed oil. Since the deal was inked, 24 ships have left Ukranian ports.



First Two Weeks Free!
In case you haven't already, you can sign up for a complimentary 2-week trial of our complete research packet, Blue Line Express.
Sign up for a Free Trial

Don't have an account with Blue Line Futures?
If you have any questions about markets, trading, or opening an account please let us know! You can email us at [email protected] or call 312-278-0500.

Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Grains Soybeans Corn Wheat

Like this post? Share it below:

Back to Insights