by garrygard | May 23, 2019 | Daily Insights, Uncategorized
Good Morning, Markets started off higher this morning but has taken a step back as traders analyze the US weather forecasts for the extended weekend and the USDA’s announcement. The USDA announced a support program for farmers impacted by “Unjustified Retaliation and...
by garrygard | May 20, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are higher as prices surge with traders looking to add additional weather premium and shorts run for the exits. Cool wet weather has the attention of traders as the extended outlook appears that it will hamper efforts to get crops in the ground....
by garrygard | May 15, 2019 | Daily Insights, Uncategorized
Good Morning, The markets opened sharply higher again this morning as the short positions have gotten nervous and are beginning to run for the exits. The funds are still excessively short the markets and the need for additional weather premium has helped spark the...
by garrygard | May 13, 2019 | Daily Insights, Uncategorized
Good Morning, Lower to start the week following Friday’s bearish USDA report and trade negotiations that have turned negative. Corn is down 8 and soybeans are down 16 to open the week. U.S. and global inventories were large in Fridays report for corn and soybeans....
by garrygard | May 10, 2019 | Daily Insights, Uncategorized
Good Morning, Futures are steady in corn and soybeans this morning. The trade continues to maintain its risk-off attitude with the Trump Administration bumped tariffs on $200B in goods from China to 25% and filing paperwork overnight to begin the process of applying a...
