by garrygard | Jan 24, 2019 | Daily Insights, Uncategorized
Good Morning, Corn and soybeans are both trading 2-3 lower this am. Traders remain unwilling to take a position as the wait for a trade deal with China continues. Weather in South America appears more bullish today as a high pressure ridge is forecasted for Central...
by garrygard | Jan 23, 2019 | Daily Insights, Uncategorized
Good Morning, 33 days into the partial government shutdown and who knows how many days into the US-China negotiations and neither one seem to have made any advancement. China proposed a 1 trillion dollar spending spree over 6 years to cut the trade deficit which was...
by garrygard | Jan 22, 2019 | Daily Insights, Uncategorized
Good Morning, Corn and soybeans are unchanged this morning after the extended holiday weekend. Recent rains in the dryer areas of Brazil and dryness in the areas of Argentina that have been excessively wet could weigh on the markets this week. Forecasts for Argentina...
by garrygard | Jan 17, 2019 | Daily Insights, Uncategorized
Good Morning, While export demand has been slow or at least slow to be reported for the last couple weeks, the domestic demand has remained steady on the ethanol front. U.S. ethanol production for the week ended January 11th averaged 1.051 mil barrels per day (up...
by garrygard | Jan 16, 2019 | Daily Insights, Uncategorized
Good Morning, Prices are trending higher this morning as they recover from yesterday’s selloff following comments from US Trade representative Robert Lighthizer who reportedly said they made no real progress over the last week in talks with Chinese officials. The...