by garrygard | Oct 10, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are quiet ahead of the potential storm that comes today. USDA report out at 11am (numbers below) and Chinese and US trade talks begin in Washington today. Both could send the markets in a bullish or bearish direction. Any drop in yield or...
by garrygard | Oct 8, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are softer again this morning with both corn and soybeans down 1. Traders are waiting on Thursdays WASDE and Production reports. Private analysts are expecting to see a 1.8 bu/acre(167.5) cut in corn yield and 400,000 acre(81.6) cut in harvested...
by garrygard | Oct 7, 2019 | Daily Insights, Uncategorized
Good Morning, Quiet markets to start the day/week off as corn is up 1 and soybeans are unchanged. There is a lot of news that could move the market this week and direction is TBD. 1. US and China trade talks resume this week as the Chinese delegates are in Washington...
by garrygard | Oct 4, 2019 | Daily Insights, Uncategorized
Good Morning, The markets got a boost this week from some active short-covering by the funds after the surprisingly bullish report from the USDA to kick off the week. While things cooled off as the week wore on, fund managers are still maintaining a good-sized...
by garrygard | Oct 3, 2019 | Daily Insights, Uncategorized
Good Morning, Better US weather forecasts, fund consolidation and increasing yield reports have led to softer markets the last two days. With a lack of fresh news in the market traders appear poised to wait on next which could have a lot of market movers. Next...
