by garrygard | Jan 14, 2019 | Daily Insights, Uncategorized
Good Morning, Soybeans and wheat are lower to open the week while corn continues it sideways pattern. Recently the only market movers we have seen are coming from the soybean market. China confirmed its total soybean purchases were 5.72 mmt in December. This was below...
by garrygard | Jan 11, 2019 | Daily Insights, Uncategorized
Good Morning, Markets are slightly higher this morning after yesterday’s selloff. Yesterday’s weakness was felt in all commodities as bullish updates from China and the US didn’t come. Funds sold 12,000 contracts of corn and 8,000 contracts of beans. South American...
by garrygard | Jan 8, 2019 | Daily Insights, Uncategorized
Good Morning, Corn is up 1 and soybeans are down 1 to start the morning. Crude oil is up 80 cents this morning but still lingering below the $50/barrel mark that we have been stuck in for the last month. With US/China trade talks progressing, US Commerce secretary...
by garrygard | Jan 7, 2019 | Daily Insights, Uncategorized
Good Morning, Weather is not the only thing that is unseasonable this week as we found out on Friday that the USDA will not be releasing its Crop Production report this coming Friday. The US government shutdown is entering its third week, with no end in sight. The...
by garrygard | Jan 4, 2019 | Daily Insights, Uncategorized
Good Morning, Currently corn is up 2 and soybeans are up 4 on carryover from yesterday’s trade strength. Traders are adding premium to the market due to dryness in parts of Brazil and flooding in northern Argentina. Rain is expected for the dry areas of Brazil over...
