by garrygard | Jan 16, 2025 | Daily Insights
The markets found new life on Friday with the USDA’s final production report of the 2024 crop. Several surprises resulting in March, May and July corn finishing the week 20-22 cents higher in all months. The funds were massive buyers of corn and soybeans on Friday...
by garrygard | Jan 10, 2025 | Daily Insights
Good morning, USDA report out at 11:00am today. Estimates for today’s report are listed below. Production (billion bushel) January 2025 Average Est. November 2024 Corn 14.867 15.095 15.143 Soybeans 4.366 4.453 4.461 Acres (million acres)...
by garrygard | Nov 15, 2024 | Daily Insights
Good morning, Corn is down 1 and soybeans are up 7 to start the day. Following a rough day yesterday, corn and soybeans have rebounded overnight and appear to be led by higher veg oil prices. Short covering in front of the weekend is to be expected. The US dollar...
by garrygard | Nov 8, 2024 | Daily Insights
Good morning, WASDE report out at 11am today. This will be the last update we have on the 2024 production until the final report is released in January. Expectations are listed below. USDA 2024/25 US Carryout (Billion Bushels) USDA November Average Est....
by garrygard | Oct 31, 2024 | Daily Insights
Good morning, Happy Halloween! Corn was lower yesterday and down slightly overnight as seasonal harvest pressure and lasc of fresh news in the export market develops. The markets seem to be spinning their wheels as we end the month. USDA Deputy...
