by garrygard | Jan 3, 2020 | Daily Insights, Uncategorized
Good Morning, Markets are softer overnight with corn down 3 and soybeans down 10 as traders take a risk off approach after a US drone strike overnight killed an Iranian General. News that General Qassem Soleimani, the head of Iran’s elite Quds Force was killed in an...
by garrygard | Jan 2, 2020 | Daily Insights, Uncategorized
Happy New Year! Early calls are mixed to slightly higher with more of a risk on tone in the market. The Funds are net short soybeans, soymeal and corn and net long Chicago wheat and soyoil. I would expect the funds could begin to cover some of their shorts before the...
by garrygard | Dec 31, 2019 | Daily Insights, Uncategorized
Good Morning, Markets opened softer this morning with corn down 1 and soybeans down 4 as traders wrap up trading for the year. South American weather remains bearish the markets with very favorable weather over the last week and forecasts for decent precipitation in...
by garrygard | Dec 26, 2019 | Daily Insights, Uncategorized
Good Morning, Opening calls are mixed to slightly higher as some traders return from the holiday break. Most of the global markets will remain closed which will limit volume in the ag sector. Optimism over the China trade deal and a winter storm that is set to hit the...
by garrygard | Dec 24, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are quiet overnight and this morning as traders take time away from the markets to celebrate the holidays. The CBOT closes at 12:05 today and will re-open at 8:30 am on Thursday morning. Merry Christmas to you and your families from all of us at...
