fbpx

November 28, 2023

Good morning,   Corn is up 1 and soybeans are up 5 to start the day.   Monday was another bad day for the grains as traders added to their short positions. The Funds have pushed the position past 200,000 shorts.  I think the low for now will come right...

November 27, 2023

Good morning, The corn market is picking up where it left off on Friday with the markets down 6 to start the day.   Weekend rainfall in Brazil ranged from 1-4.5 inches in the South and up to 2 inches in the North. The current forecast looks pretty wet in both the...

November 16, 2023

Good morning,   Corn is down 2 and soybeans are down 10 to start the day.   Soybeans are leading the market lower this morning as rains look to develop in the 10-15 day forecast for Brazil and Argentina. If this forecast holds up, it may start toe change the...

November 6, 2023

Good morning   The markets are quiet to start the day with corn unchanged and soybeans up 7.   Soybeans were the market leader on Friday and again this morning as adverse Brazilian weather has given the bean market some support. It is very early in the South...

November 2, 2023

Good morning,   Corn is down 2 and soybeans are up 10 to start this Thursday morning.   StoneX yesterday estimated U.S. corn yields at 175.7 bushels per acre, up from 175.5 bpa last month, with production implied at 15.302 billion bushels, 238 mbu above the...