by garrygard | Dec 20, 2019 | Daily Insights, Uncategorized
Good Morning, Corn and beans slightly higher this morning as they trade 2 and 4 higher respectively. A Chinese consulting company that works with the Government, says that China will have no problem meeting the 40 billion dollars in US goods. They estimate that China...
by garrygard | Dec 16, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher this morning with corn up 4 and soybeans up 8. Fund managers are starting to reduce their short position as they begin to get a better understanding of the Phase 1 trade deal and the potential for a purchase of $40 Billion of US Ag...
by garrygard | Dec 13, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher this morning with corn up 4 and beans up 11. The catalyst has been media reports suggesting that President Trump has signed off on a Phase 1 trade deal. While this is great news, Beijing has not said that the two sides have reached an...
by garrygard | Dec 12, 2019 | Daily Insights, Uncategorized
Good Morning, News is limited overnight, but meetings are taking place in Washington today. A decision regarding new tariffs will start being made today as President Trump meets with his trade team. Whether additional tariffs are added or held off, or some tariffs...
by garrygard | Dec 10, 2019 | Daily Insights, Uncategorized
Good Morning, Prices are mixed with corn and beans trading higher and wheat down a couple. Soybeans are getting a boost from a report on Bloomberg that USDA Secretary Perdue indicated that the US is unlikely to impose new tariffs on China come December 15th. Outside...