by garrygard | Mar 19, 2019 | Daily Insights, Uncategorized
Good Morning, Corn and soybean markets are steady this morning after the funds added to their short position yesterday. The funds currently sit short 259,000 contracts of corn, 85,000 contracts of soybeans and 75,000 contracts in the wheat market. Flooding in...
by garrygard | Mar 13, 2019 | Daily Insights, Uncategorized
Good Morning, Futures are trading lower this morning after yesterday’s Turnaround Tuesday that saw wheat post its biggest 1 day gain in 7 months. Part of the rally was sparked by the strength in the cash basis for hi-pro wheat from mills. The turnaround helped futures...
by garrygard | Mar 12, 2019 | Daily Insights, Uncategorized
Good Morning, Corn continued its slide yesterday with wheat pulling it lower and no trade news and export inspections lighter than expected. Weekly corn inspections came in at 765,618 MT for the week versus expectations of 900,000 MT. Reports out yesterday afternoon...
by garrygard | Mar 8, 2019 | Daily Insights, Uncategorized
Good Morning, Quiet markets this morning as we end the week. On the week we are down 7 cents in corn and 7 cents in soybeans. Wheat has been the big loser this week down 16 after yesterdays close. Funds have added a massive 35,000 contracts to their short corn...
by garrygard | Mar 7, 2019 | Daily Insights, Uncategorized
Good Morning, Futures are lower this morning as traders are becoming impatient with just hearing about progress in the negotiations between the US and China and want to see a signed deal before they consider changing their position in the markets. The USDA will be out...
