by garrygard | Jun 3, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher this morning with corn up 2, beans up 7 and wheat up 16. Wheat is providing the boost this am as dry weather in Russia and additional rainfall in the plains provide support following Friday’s selloff. Traders continue to focus on...
by garrygard | May 31, 2019 | Daily Insights, Uncategorized
Good Morning, News from the White House that it would place a 5% tariff on all imported products from Mexico beginning June 10th in attempt to stem the flow of illegal immigration has the CBOT Ag complex under pressure. Corn is down 6, beans down 3 and wheat down 12...
by garrygard | May 30, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher this am with corn up 8 and soybeans are up 7 to start the day. Additional rains fell across the US again overnight. Major weather models continue to show a moderation in this springs weather pattern over the next week to ten days....
by garrygard | May 28, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher following an extended weekend that gave us the weather they were forecasting, wet! The forecast has heavy rains moving through the Midwest from Tuesday through Thursday this week. Another similar system builds on Sunday that builds...
by garrygard | May 24, 2019 | Daily Insights, Uncategorized
Markets closed higher today on continued wet forecasts thru the weekend. This has led to a mass exit of the funds short position that they have been carrying for the last several months. Funds have reduced their short position in corn by over 250,000 contracts in the...
