by garrygard | Dec 17, 2018 | Daily Insights, Uncategorized
Good Morning, Grain markets have opened steady this morning with corn down 1 and soybeans up 3. The watch continues for any additional reports of Chinese business. Most traders appeared to be disappointed with last week’s totals but remain optimistic about future...
by garrygard | Dec 14, 2018 | Daily Insights, Uncategorized
Good Morning, Buy the rumor, sell the fact reaction in the markets yesterday resulted in the soybeans selling off which pulled corn lower. Chinese soybean sales numbers that were not even close to the 5 to 8 MMT rumors that came from last week’s meeting had traders in...
by garrygard | Dec 11, 2018 | Daily Insights, Uncategorized
Good Morning, Overnight China and the US discussed the road map for the next stage of their trade talks. Both sides exchanged views and worked out details for continued meetings when the Chinese delegation comes to the US.(A meeting in DC is expected soon). There are...
by garrygard | Dec 10, 2018 | Daily Insights, Uncategorized
Good Morning, Markets are slightly lower this morning with corn down 1 and soybeans down 4 to start the week. Look for grain trade to take direction from the stock market trade this week. We will be monitoring the same news this week as traders wait for some news on...
by garrygard | Dec 6, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is down 4 and soybeans are down 15 to start the day. Traders are becoming more skeptical that tension between the US and China is easing. One sign, China has said they will be buying US commodities, however they have not dropped or lowered tariffs....
