by garrygard | Nov 16, 2018 | Daily Insights, Uncategorized
Good Morning, Corn and soybeans are trading lower this morning after attempts to rally the markets yesterday ran out of steam. Traders are trying to figure out what to make of conflicting statements from the White House over the current state of tariff discussions...
by garrygard | Nov 15, 2018 | Daily Insights, Uncategorized
Good Morning, Reports that China sent the US their own trade adjustments yesterday afternoon to get renegotiations moving forward once again have the markets trading higher this morning. More of these optimistic talks could spark as we get closer to the G-20 Summit at...
by garrygard | Nov 13, 2018 | Daily Insights, Uncategorized
Good Morning, Futures prices at the CBOT are trading mixed in a bit of a Turnaround Tuesday with beans up 3, corn down 3 following yesterday’s surge in prices on short-covering in the grains. Yesterday there were rumors that further negotiations between the US...
by garrygard | Nov 9, 2018 | Daily Insights, Uncategorized
November 9, 2018 Good Morning, Markets are lower this morning as traders make adjustments following the USDA’s decision to go back and alter 10 years worth of Chinese balance sheets for corn, beans and wheat. In particular it was the sharp rise in China’s...
by garrygard | Nov 8, 2018 | Daily Insights, Uncategorized
Good Morning, Markets are up 1 this morning as traders anxiously await the USDA’s numbers that will come out at 11am. (Estimates are listed below) US Production (billion bushels/million acres) USDA November Avg. Estimate USDA October Corn Production 14.721 14.778 Corn...