On tkfutures.com I found a “Soybean Futures and Options Weekly Blog” where you can quickly see the summary of every week changes in price of soybean and the reason for this: http://www.tkfutures.com/soybean_futures_soybean_options.htm Also, fundamental of corn trading is synthetized on the same website http://www.tkfutures.com/corn.htm and the “Corn Futures and Options Weekly Blog” is also available here: http://www.tkfutures.com/Corn_Futures_Corn_Options.htm
As a conclusion from this blogs: soybean futures prices traded mostly lower this week and corn futures prices traded mostly sideways this week.
Trying to get more insights of hedging I found “Self-Study Guide to Hedging with Grain and Oilseed Futures and Options” http://www.cmegroup.com/trading/agricultural/files/AC-216_HedgersGuideNewBoilerplate.pdf. It contains theory, examples and even quizzes about short/long hedge, basis as a link between cash and futures price, futures hedging strategies etc.
For better understanding the relation between cash price, futures price and basis, I recommend the examples for hedging with futures from this website http://www.unionsecuritiescommodityfutures.ca/download/Hedging%20with%20Futures-Examples2005.pdf.
Business Recorder released an article that explain why corn futures fell 1 percent on Friday (as the Midwest harvest progressed at a record pace) and why soybean futures advanced for a third straight day (Chinese importers bought 180,000 tonnes of US soybeans for shipment in the 2012/13 marketing year): http://www.brecorder.com/markets/commodities/europe/84003-corn-eases-on-harvest-pressure-exports-lifts-soy-.html
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