April 8, 2019

Good Morning, Markets are up two in beans, 1 in corn. News is pretty limited on trade talks this morning. Meetings wrapped up, and at this point further talks will be via video conference for the remainder of the week. No date is set for a signing of a new agreement....

April 3, 2019

Good Morning, Quiet markets again this morning with corn and soybeans both hovering around unchanged to up 1. The Chinese delegation will be in the US tomorrow and President Trump says talks are going very well. Funds are estimated to be short over 250,000 contracts...

April 2, 2019

Good Morning, Corn is unchanged and soybeans are up 2 after Monday’s slight rebound from last week’s selloff. This was expected and is a good sign that hopefully we have put in a short term floor and can grind higher as we head into spring. While I do not anticipate a...

April 1, 2019

Good Morning, Markets are slightly higher to start with corn up 2 and soybeans up 5. This comes as little consolation after Friday’s large selloff following the USDA report. (report below) Higher estimates of March 1 stocks and 2019 acres sent the markets lower on...

March 29, 2019

Good Morning, Markets are quiet this morning as traders prepare for the USDA’s quarterly stocks and planting intentions report that will be released at 11am today. Estimates for today’s report are listed below. Quarterly Stocks (billion bushels) March 2019 Average...